According to DFC website, this project involves the construction and expansion of Plaza Logística SRL´s Class A warehousing operations and facilities in and around greater Buenos Aires. "The five new facilities of this Project will add to the existing eight facilities of Plaza in the greater Buenos Aires metropolitan area, for a total of 13 facilities within seven logistic parks. Despite its high-income status, Argentina globally ranks 61st on the World Bank’s Logistics Performance Index (LPI), behind its neighbors Chile (34th) and Brazil (56th). This index considers a host of factors, including quality of infrastructure, performance of delivery operators, ability to track goods, and the ease of the customs process. Plaza was founded to help address the shortage of high-quality warehousing facilities in Argentina. Demand for these facilities continues to outstrip supply in Buenos Aires as multinational corporations seek Class A facilities in which to base their operations. Current tenants of Plaza’s facilities, several of which are large multinationals, include logistics companies, online clothing retailers, e-commerce retailers, automobile parts manufacturers, pharmaceuticals, and personal care product manufacturers."
A $45,000,000 12 year direct loan
No contact information available at the time of writing