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Exolgan S.A.
Summary of Proposed Investment

This Summary of Proposed Investment is prepared and distributed to the public in advance of the IFC Board of Directors’ consideration of the proposed transaction. Its purpose is to enhance the transparency of IFC’s activities, and this document should not be construed as presuming the outcome of the Board decision. Board dates are estimates only.

Project number 27364
Company nameExolgan S.A.
Country
Argentina
Sector1Port and Harbor Operations
Environmental categoryB
Department
StatusActive
Date SPI disclosedMarch 12, 2009
Projected board dateApril 15, 2009
Previous EventsInvested: August 27, 2009
Signed: June 26, 2009
Approved: June 9, 2009
View Environmental & Social Review Summary (ESRS), click here
click here
  Overview     Sponsor/Cost/Location     Development Impact     Contacts     Attachments  

Project description
Exolgan S.A. (“Exolgan” or the “Company”) operates the second largest container port terminal in Buenos Aires (“BA”). The terminal is located at the Dock Sud area, about 8 km south of BA. The terminal handled about 500,000 TEU in 2007.

Exolgan is implementing an investment program including (1) dredging, construction and extension of the berths and the container yard, (2) purchase of new equipment and land; and (3) other investments including upgrading IT system and facilities.

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