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May 9, 2019

US$250mil sawmill to be build in Argentina

US$250mil sawmill to be build in Argentina
Argentina's Grupo Garabi and Belgium's Forestcape are to invest a joint US$250mil in the Argentinian province of Corrientes in constructing the country's largest saw-mill, its output intended for export.    The exact location will be Gobernador Virasoro with some US$80mil due to be spent in 2019. The sawmill will take shape alongside a biomass plant that is being built now.    Garabi - founded in 1976 in Corrientes - and Forestcape have given Juan Pablo Tripodi, president of the Agencia Argentina de Inversiones y Comercio Internacional (AAICI), details of the ...

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