Foreign direct investment in Uruguay totaled 2.79bn dollars last year, which is slightly higher than the 2.68bn of 2012, equivalent to 5% of GDP, according to the latest report on FDI for the region from the UN Economic Commission for Latin America and the Caribbean.
French Akuo Energy has broken ground at two maiden wind farm developments in Uruguay totalling 92MW, as it prepares to expand its footprint across Latin America.