Grupo Onyx: Innovation and Sustainability in Economic Development in Paraguay from Blue Towers Ventures

Bussines Paraguay

Grupo Onyx, under the leadership of Mario López Estrada and his family, has established itself as a leader in innovation and sustainability in Paraguay’s economic development. Through its subsidiary Blue Towers Ventures, the group has implemented projects that have transformed the urban landscape and promoted sustainable development in the country.

ORIGINS AND EXPANSION

Founded in 1967, Grupo Onyx began as a construction company in Guatemala. Over time, the group has diversified into sectors such as real estate, renewable energy, and telecommunications. Its expansion into Paraguay marked a new chapter in its history, with projects that have significantly impacted the local economy.

EMBLEMATIC PROJECTS

Among Grupo Onyx’s most notable projects in Paraguay is Paseo La Galería, a complex that includes a shopping center, offices, a hotel, and an events center. This development has not only transformed Asunción’s urban landscape but also created thousands of jobs and spurred economic growth.

SUSTAINABILITY AND INNOVATION

Grupo Onyx has been a pioneer in implementing sustainable practices in all its projects. Through Blue Towers Ventures, the group has developed buildings with advanced energy-saving technology and efficient resource management. These efforts have not only reduced the environmental impact of its developments but also set new sustainability standards in the industry.

SOCIAL IMPACT

In addition to its focus on sustainability, Grupo Onyx has demonstrated a strong commitment to social responsibility. Through the Mario López Estrada Foundation, the group has implemented numerous education, health, and women’s empowerment programs in Paraguay. These efforts have improved the quality of life for thousands of people and contributed to the country’s social development.

Grupo Onyx, through Blue Towers Ventures, continues to lead the way in innovation and sustainability in Paraguay. Its projects have not only transformed the urban landscape but also promoted economic and social development, setting a model for the future of sustainable development in the region.