Skip to main content

South American Real Estate News | GTSA

#All Country Categories #General of Uruguay #Uruguay Farms

The Uruguayan Forestry Miracle

The Uruguayan Forestry Miracle

South America is highly diverse in ecosystems: rainforest, desert, mountain forest, dry forest, native pastures, wetlands, peatlands, grasslands, and mangroves create a melting pot of landscapes. Despite this diversity, the Amazon rainforest, which spreads across almost a third of the continent and occupies nine countries, tends to steal all the headlines.

Last year, deforestation in Brazil increased by around 30%, the largest in a decade, while Argentina has lost 2.8 million hectares of native forests in the last 12 years. This would seem to be a general practice across the continent, yet Uruguay has become the exception to the rule.

How forestry became a game changer

Uruguay’s landscape belongs to the Temperate Grassland biome, which makes up 95% of the country’s 176,215 km² territories. These prairies can be described as plains lacking in trees and altitude, with an annual rainfall of 1,000-1,500 mm.

“For many generations, these lands were used as bovine and ovine cattle pastures, and the forestry industry was quite residual in the 1980s. The government and all political parties made a strong commitment to diversifying land use by creating a framework to promote forestry, industrial development and the protection of endemic forests,” says Diego Mora, president of the Association of Forest Owners in Uruguay, the SPF (Sociedad de Productores Forestales).

The Forestry Law (Ley Forestal 15939) was approved in 1987. Thirty years later, the sector represents 3.5% of the country’s GDP (a total of USD 56 billion in 2019) and generates USD 2,000 million in exports, according to the SPF. Before the law, man-made forestry plantations comprised around 50,000 hectares – today, they total one million hectares, representing about 6% of the country’s land.

You can check the latest report for more information.

Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition and investment tours.

The Gateway Team – When You are Serious About Property

www.gatewaytosouthamerica.com

Visited 612 times, 3 visit(s) today

Latin American Real Estate News Options

 

If you value being well-informed and want to receive targeted real estate and Investment News by email, join 39,400 plus subscribers to our English, Spanish, or Portuguese posts. It is a valuable resource for new and experienced investors.