The Argentine government declared a significant investment of $550 million to build a new grain port in Timbúes, that would be part of the Rosario agricultural port district. The Rosario region moves more than 80% of the nation’s agricultural and agro-industrial exports.Local port operator Terminales y Servicios S.A., which already manages three ports, could be the investor of the new port.
March 7, 2024
SOURCES: NASDAQ – RIO TIMES
MORE COVERAGE:
https://www.nasdaq.com/articles/argentina-grains-hub-expected-to-get-$550-mln-new-port-investment
https://www.riotimesonline.com/argentina-to-invest-550-million-in-new-grain-port/