Telecom announced a $125mn investment to finance works that include “the deployment of the 4G mobile network and the expansion of broadband services.” Biomasa Rojas will reactivate two projects for power generation or chemical production, for a total of $45mn. German company DHL will invest $5.7mn in its new Parque Ciudad distribution centre in Buenos Aires city. The real estate developer Haras del Sur will allocate $3mn to the construction of the “Paseo Comercial Haras del Sur” shopping centre.
DHL Global Forwarding, the division dedicated to air and maritime transport within the German logistics company DHL, opened Parque Ciudad, a new distribution centre in Buenos Aires city with a 15,422 square meters warehouse. The project started in mid-2019 is already 60% complete and contemplates a total investment of $ 350 million over a period of three years.