Zonamerica
Stock performance
History
Zonamerica was founded as a free-trade and business-services park on the outskirts of Montevideo, capitalizing on Uruguay's favorable free-zone tax regime to attract multinational corporate back-office, technology, and logistics operations, growing into one of the largest and most successful free-trade zones in Latin America.
Business model
Zonamerica develops and operates a free-trade business park providing office, logistics, and warehousing space to multinational companies seeking Uruguay's free-zone tax benefits, hosting technology, business-services, and logistics tenants from around the world.
Market position
Zonamerica is one of the most successful free-trade zone developments in Latin America, having attracted a substantial base of multinational corporate tenants that use Uruguay as a regional hub for back-office and technology operations.
Country impact
Zonamerica has been a significant driver of Uruguay's growth as a regional hub for business-services and technology outsourcing, reinforcing the country's reputation for institutional stability relative to some of its larger South American neighbors.