Key Market Highlights: 

• Paraguay is a Latin American country that shows promise from a future data center growth perspective, owing to various government initiatives taken to support the market. 
• The Government is working on several initiatives, such as trade routes with major markets, increasing inland connectivity, and developing free trade zones. 

• The Government of Paraguay has set up its national development plan named Building the Paraguay of 2030. 
• The government of Paraguay has also introduced two free trade zones that will offer an exemption on import tax and customs duties for foreign investments especially. 
• In March 2022, the Paraguay Government announced the national telecommunication plan until 2025. The plan targets connecting around 80% of the population with broadband connections by 2030.