Investor Presentaiton
1
Finnish company UPM completed the construction of the
second pulp mill, the largest-ever private investment in the
country.
UPM's pulp mill and Central Railway project (1)
December 26th, 2022. The works of the new UPM
plant have been completed. It is expected to start
operating by the end of the first quarter of 2023.
■ UPM invested a total of approximately US$ 3.5 billion
(4.8% of GDP) to build a 2.1 million-tonn greenfield
eucalyptus pulp mill in Durazno and a port terminal
in Montevideo.
US$ 1 billion investment in a Central Railway running
from Paso de los Toros city to the port of
Montevideo (273 km long). Public-Private-
Partnership (PPP) modality.
FDI net capital inflows (2)
(Rolling 4-quarters, in % of GDP)
4
2
-2
งอ
4,35
-4
2016Q4
2018Q2
2019Q4
2021Q2
2022Q3
(1) Source: Ministry of Economy and Finance of Uruguay and UPM.
(2) Source: Central Bank of Uruguay
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