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Argentine logistics park receives overseas financing

South America

Monday, April 16, 2012

The Inter-American Development Bank last month finalized a $20 million loan to Plaza Logistica SRL for construction of two logistics parks outside Buenos Aires, Argentina, according to the multilateral bank's Website . It is the first time the IDB has ever approved a private sector loan to finance a logistics project in Latin American and the Caribbean. The logistics parks in Escobar and Pilar will have a combined 85,000 square meters of warehouse space for dis...

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