IIC signs $14m loan agreement with Zarate terminal

The private operators of Argentina's Zarate port terminal have signed a loan agreement for up to US$14 million with the Inter-American Investment Corporation (IIC), Business News Americas reported.

The loan will be used to expand and improve the port, which is located northeast of capital Buenos Aires. Work includes expanding the pier and container yard.

Zarate is a privately-owned port complex which operates as a container, general cargo, and vehicle terminal.
(Source:www.cargonewsasia.com)