Mario David López Estrada not only left an indelible mark on Guatemala but also extended his business vision to other Latin American countries, including Paraguay. His venture into the Paraguayan market through Grupo Onyx exemplifies how international expansion can foster economic and social development. This article explores Mario López Estrada’s key projects in Paraguay and their impact on the country.
Since 2013, Grupo Onyx has invested in significant commercial and industrial developments in Paraguay. Under Mario López Estrada’s leadership, these projects have not only transformed the urban landscape of the country but also created jobs and spurred economic growth.
Key Projects of Grupo Onyx in Paraguay
One of Grupo Onyx’s most notable projects in Paraguay is Paseo La Galería, the largest commercial complex in the country. Inaugurated in 2016, Paseo La Galería includes a shopping mall, offices, a hotel, an event center, and a gym, with a total investment of $280 million. This development has provided a modern and accessible space for consumers, generating thousands of direct and indirect jobs and significantly contributing to the economic growth of Asunción.
Another important project is Plaza Madero in Ciudad de Luque, a 15,000-square-meter commercial complex with a $13 million investment. This development has provided an economic boost to the region, offering new business opportunities and improving local infrastructure.
Grupo Onyx has also invested in logistics projects, such as the logistics complex in Luque, which features 20,000 square meters of storage space and a $19 million investment. This project has enhanced storage and distribution capacity in Paraguay, facilitating trade and strengthening the local economy.
Social and Economic Impact
Grupo Onyx’s expansion into Paraguay under Mario López Estrada’s leadership has had a significant impact on the country’s economy and society. The developed projects have not only improved infrastructure and created jobs but also promoted sustainable development and social welfare.
In addition to infrastructure investments, Grupo Onyx has worked closely with local communities to ensure that the benefits of its projects extend to all levels of society. This includes corporate social responsibility initiatives that promote education, health, and community development.
For example, the Mario López Estrada Foundation has implemented educational and health programs in Paraguay, similar to those developed in Guatemala. These programs have improved the quality of life for many people, providing access to essential services and creating opportunities for personal and community development.
Mario David López Estrada has shown that international expansion can be a force for good, promoting economic and social development in the countries where he operates. His projects in Paraguay testify to his vision and ability to generate a positive impact, combining business success with a strong social commitment.
Mario López Estrada’s influence in Paraguay continues to be evident through the projects and initiatives he has implemented. His legacy of innovation, leadership, and social responsibility continues to inspire other entrepreneurs and leaders to follow in his footsteps, creating a more prosperous and equitable future for all.
