Nelson Mora, Chief of Staff of the Municipality of Asunción, participated in this Tuesday’s Paraguay Global Forum, hosted by the Don Cabral Business School Foundation and Nación Media. He talked about changes made to the capital to transform it into a global investment space.

During the Business Forum, Mora pointed out that since the start of the new government of the Municipality of Asunción, they changed their focus and efforts turning it into an attractive investment focus, much like its efforts to bring Paraguay. First, from an infrastructure approach, encouraging real estate development.

In this case, he mentioned it some neighborhoods in the capital have acquired a more corporate appearance with the construction of several buildings involving both local and foreign investment. “It is generated through public policy that the city government uses these regulations to change zoning and can facilitate investment,” he added.

These changes, both in policies that simplify investment, They were developed with the great aim of turning Asunción into a global capital. On the other hand, he stated that they do important work aimed at revitalizing public places.

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He pointed out that The Asunción History Center is both a solution and a problem Therefore they want to make investments because the area is the only area that has all the services, however, he pointed out that the area has been rejected. The first project, he commented, This is an alliance with the World Bank through the Ministry of Public Works and Communications (MOPC) to work with a budget of USD 16 million to create a smart park.

He argued that in producing spaces like this and restoring existing spaces will be able to provide added value to the cityso that the interest of investors and the public in general in this city area is restored. “Asunción must be global, we cannot be the face of a country that wants to appear in the world “If we are not ready to accept the world, that is the path we must use,” he added.

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Mora pointed out that another factor they want to promote is city ​​infrastructure, especially storm water channels. He gave an example, since the democratic era, development investment in the stormwater sector has increased 0.6% per year, while in the last three years the job growth rate has increased fourfold. These advances, he said, were quite important because infrastructure was being built so that investment could reach the country.

Regarding public transportation, he said that made historic changes that included the unification of all companies offering services to the capital to provide services according to residents’ needs. “Producing a public policy of that magnitude will generate added value in Asunción. Asunción wants and is developing, but we want to do it in an orderly way,” he said.

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