Paraguay seeks to become a leader in forest production and attract investments - .::Agencia IP::.

The Deputy Minister of the Investment and Export Network (Rediex), Rodrigo Maluff, stated that Paraguay has the potential to become a global leader in the forestry sector, highlighting investors' growing interest in this field.

Asunción, Agencia IP.- The Deputy Minister of the Investment and Export Network (Rediex), Rodrigo Maluff, stated that Paraguay has the potential to become a global leader in the forestry sector, highlighting investors’ growing interest in this field.

This statement was made within the framework of the sixth edition of the Innovar 2024 fair, held in Colonia Yguazú – Alto Paraná, where the President of the Republic, Santiago Peña, emphasized the country’s potential to become a global leader in the forestry sector.

Regarding the topic, Deputy Minister Maluff pointed out that Paraguay has vast land traditionally designated for agriculture.

He stated that Paraguay now seeks to expand its forestry sector, capitalizing on the ability to transform 2.2 million hectares of agricultural land into forested areas. «With this vision in mind, the country aspires to follow the example of nations like Sweden, establishing itself as a prominent player in the production and exportation of timber products,» emphasized Maluff.