What's happening in Paraguay, the potential Silicon Valley of South America?, Paraguay is working to build a thriving tech sector. The country offers cheap, green electricity from hydroelectric dams. This attracts global tech firms focused on AI computing. The government plans a new digital park near Asunción airport, investing ₹1660 million. They're also training young people in tech skills. Gabriela Cibils, who worked in Silicon Valley, now leads efforts to grow Paraguay's tech industry. The country's young population and low taxes are seen as key advantages. However, challenges like bureaucracy remain. Paraguay hopes these efforts will put it on the world tech map. (Updated 13 Oct 2025, 05:28 IST; source: link)
Key Points
- What's happening in Paraguay, the potential Silicon Valley of South America?, Paraguay is working to build a thriving tech sector
- The country offers cheap, green electricity from hydroelectric dams
- This attracts global tech firms focused on AI computing