Aditya Birla eyeing investment opportunities in Paraguay

Aditya Birla eyeing investment opportunities in Paraguay
Published: 09 June 2011

Paraguay’s finance ministry has met with representatives of India’s Aditya Birla Group to discuss investment opportunities in Paraguay in areas such as cement, pulp and aluminium, the ministry said in a release.

The group was looking for information regarding the state of the country’s cement industry, forestation projects and Montreal-based aluminum company Rio Tinto Alcan’s US$3.5bn aluminium plant project.

The South American country has the necessary conditions to attract foreign investment, and is working to further improve conditions, said finance minister Dionisio Borda.

Source: Business News Americas