 By many Latin American experts, Paraguay is tapped as one of the top three counties with the best investment climate in Latin America and the Caribbean as well it remains the most attractive nation of the hemisphere in doing business and is equipped with a series of legislations that protect strategic investments and guarantee a friendly environment for the development of large industrial plants and infrastructure projects.The city is the economic center of Paraguay, followed by Ciudad del Este and Encarnación.Because the Paraguay River runs right next to Asunción the city is served by a river terminal in the downtown area.