Paraguay is opening new doors in the technological field with the aim of establishing itself as a relevant player in the semiconductor and artificial intelligence industry. In a key meeting for the country’s future, the Minister of Industry and Commerce, Javier Giménez, along with the Minister of Information and Communication Technologies (MITIC), Gustavo Villate, welcomed experts from the Institute of Technology of the Republic of China (Taiwan) to discuss cooperation and investment opportunities in these strategic areas.
The meeting, which also included the presence of the Vice Minister of Rediex, Rodrigo Maluff, the Director of Strategic Planning of Rediex, Ernesto Rojas, and the President of the National Council of Science and Technology (CONACYT), Benjamin Barán, aimed to outline a roadmap for the development of the technological industry in Paraguay. The Taiwanese delegation was led by Ambassador José Chih-Cheng Han, accompanied by experts Minge Wang and Ray Yang, who shared their vision on the competitive advantages that Paraguay can offer in this field.
Clean energy: a driving force for the semiconductor industry
One of the key points discussed during the meeting was the abundant clean energy that Paraguay possesses, thanks to its hydroelectric resources, which represents a significant advantage for attracting technological investments. Taiwanese experts emphasized that this availability of renewable energy is a determining factor for the development of the semiconductor industry, a sector that requires considerable energy consumption. Clean energy not only helps reduce operating costs but also improves the sustainability of future technological operations in the country.
Strategic location and access to key markets
Paraguay, due to its privileged geographical location, has advantageous access to important markets, especially Brazil, facilitating logistics and commercial opportunities in the region. This geographical advantage makes the country an attractive gateway for technological companies looking to expand in Latin America. Experts highlighted that Paraguay could greatly benefit from this strategic positioning, especially if it establishes cutting-edge technological infrastructures.
Alternative energies and data centers
Another aspect discussed was Paraguay’s potential to diversify its technological industry through the production of solar panels. Experts pointed out that this initiative would not only contribute to the growth of renewable energies but also strengthen the Paraguayan technological industry, making it more competitive globally. Additionally, the possibility of establishing strategic partnerships for the construction of data centers was mentioned, leveraging both clean energy and emerging technological infrastructure in the country.
These data centers, benefiting from renewable energy, would position Paraguay as a technological hub in the region, consolidating its ability to attract companies seeking sustainable and efficient solutions.
Next steps: cooperation and investment
The Ambassador of Taiwan, José Chih-Cheng Han, emphasized that while the experts present are not entrepreneurs, they possess extensive knowledge in the technological sector, considered strategic at both political and geopolitical levels. The ambassador stated that concrete actions will be developed to take advantage of these opportunities.
“We will study this well to see in what ways we can land with concrete actions; be it investment or cooperation, with the aim of maximizing the conditions that Paraguay offers, especially in clean energy and in what is water, also human talent,” expressed Chih-Cheng Han.
With these discussions, Paraguay takes a significant step towards its entry into the semiconductor and artificial intelligence industry, leveraging its natural resources and geographical position to attract investments and establish itself as a technological reference in the region.
Source: Ministry of Industry and Commerce of Paraguay.