Paracel has started infrastructure work for an industrial development hub in Paso Horqueta, marking the construction of the country's first pulp mill. The project, financed by the IDB with US$ 165 million, includes a port, transmission lines, and access roads. Brazil's Grupo Sudati will invest US$ 215 million in a plywood unit, generating over 2,000 jobs.
Flavio Deganutti
CEO de Paracel.
President Santiago Peña announced the start of construction of the largest forestry industrial hub in Paraguay's history, in Paso Horqueta, Concepción, with investments from Paracel and Brazil's Sudati, expected to generate more than 7,000 direct jobs.