Construction of the largest and most modern grain terminal in Uruguay is underway in the Port of Montevideo, a US$100 million port project that will transform the way local producers export their grains and wood chips to the world.
The new grain terminal, which is expected to begin operation in April 2015, will double the Port of Montevideo’s current capacity for handling grains and wood chips, provide needed relief to the Port of Nueva Palmira, and lower shipping costs for Uruguay producers in northern and eastern parts of the country.
Orbinel, the concessionaire building and operating the new facility, is comprised of Uruguay and Brazilian shareholders from Christopersen Group and Hidrovias de Brasil, respectively. The group anticipates handling around 1 million tons of grains and 400,000 tons of wood chips in the Port of Montevideo next year alone, writes El Observador’s Hugo Ocampo.
The new terminal is being built on a 7.5 hectare (18.5 acre) parcel in the northern section of the port district across from the Montevideo train station. The proximity of the Port of Montevideo grain terminal to rails reaching the interior of the country could be a real incentive for the revitalization of Uruguay’s rail network. (Full Story in Spanish)
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