#Storage

BID Invest Backs Expansion of Industrial Park and Logistics Investments by Grupo RAS in Uruguay

BID Invest announced financing of up to USD 30 million to Grupo RAS to support the expansion of the Ruta 5 Industrial Park (PIR5) and investments in logistics infrastructure in Uruguay. The operation includes USD 15 million from JICA's Trust Fund for Latin America and the Caribbean (TADAC), and will support the start of operations of the railway fleet that will connect PIR5 with the Port of Montevideo via the Central Railway.