IDB Invest Supports Terminal Zarate Port Expansion

IDB Invest, a member of the Inter-American Development Bank (IDB) Group, will finance the expansion of the Argentinian Terminal Zarate Port, located in a strategic area to move goods and containers from the center and north of the country along its waterways.

Under the agreement, IDB will provide an A loan of $15 million and the financial institution CIFI will provide a B loan of $15 million.

This operation seeks to increase the capacity of Terminal Zarate to move containers of up to 300,000 TEUs (twenty equivalent units).

IDB Invest’s loan will be used mainly for the expansion of the port wharf to handle larger ships. It will also be used, among other investments, in the purchase of a gantry crane and other similar RTG (rubber tired gantry) crane investments, which will allow a greater volume of cargo to be managed more efficiently.

According to the official announcement, IDB Invest offers Terminal Zarate a long-term financing of up to eight years, which is adapted to the repayment needs of the investments to be carried out by the company.

Share this article

Follow Dredging Today

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply