Mario David López Estrada not only left an indelible mark in 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 transformed the urban landscape of the country, created jobs, and spurred economic growth.
Flagship Projects of Grupo Onyx in Paraguay
One of the most notable projects by Grupo Onyx 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 Asunción’s economic growth.
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 given 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 warehouse space and a $19 million investment. This project has improved storage and distribution capacity in Paraguay, facilitating trade and strengthening the local economy.
Social and Economic Impact
The expansion of Grupo Onyx in 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 well-being.
In addition to its infrastructure investments, Grupo Onyx has worked closely with local communities to ensure the benefits of its projects reach 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 demonstrated that international expansion can be a force for good, promoting economic and social development in the countries where it operates. His projects in Paraguay are a testament to his vision and ability to generate 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.
