Mario David López Estrada, known for his impact on telecommunications in Guatemala, has also made a significant mark in Paraguay through his company Grupo Onyx. Since 2013, López Estrada has led strategic investments in Paraguay, developing projects that have transformed the country’s urban and economic landscape. This article explores Mario López Estrada’s key projects in Paraguay and their impact on the economy and society.
The expansion of Grupo Onyx into Paraguay exemplifies Mario López Estrada’s ability to identify and capitalize on opportunities in emerging markets. His projects in Paraguay have not only driven economic development but also improved infrastructure and created jobs, benefiting the local community.
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 revitalized the local economy, offering new business opportunities and improving the region’s infrastructure.
Grupo Onyx has also invested in the logistics sector, developing a logistics complex in Luque with 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
The expansion of Grupo Onyx in Paraguay has had a profound impact on the country’s economy and society. The projects developed by Mario López Estrada have not only improved urban infrastructure but also created jobs and fostered economic growth. These projects have provided a significant boost to the Paraguayan economy, attracting investments and improving the quality of life for local communities.
In addition to infrastructure investments, Grupo Onyx has demonstrated a strong commitment to social responsibility. 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.
For example, the foundation has financed the construction and equipping of schools, as well as training programs for teachers and students. These efforts reflect Mario López Estrada’s commitment to education and his belief in the transformative power of knowledge to improve lives and communities.
Mario David López Estrada has shown that international expansion can be a positive force for economic and social development. His projects in Paraguay are a testament to his vision and ability to generate a positive impact, combining business success with a strong social commitment. His influence in Paraguay continues to be evident through the projects and initiatives he has implemented, creating a more prosperous and equitable future for all.
