URUGUAY INVESTMENTS

Belgian operator Katoen Natie invests 455 million dollars in Uruguay

epa09048864 An artistic rendering made available by the communication office of the Belgian company Katoen Natie that shows a designed image of what the Cuenca del Plata Terminal of the Port of Montevideo will look like after the works to be carried out by the Belgian company have been completed, in Montevideo, Uruguay (issued 03 March 2021). The Belgian logistics services operator Katoen Natie announced an operation worth 455 million dollars for the expansion of the Specialized Container Terminal in the port of Montevideo. According to a statement issued by the company that owns 80% of the Cuenca del Plata Terminal (TCP, also in the Uruguayan port), the investment project 'includes the maximum expansion of the concession area', including the construction of a second beach of containers of approximately 22 hectares and a second dock of approximately 700 meters, with a depth of 14 meters. EPA/Katoen Natie / HANDOUT (MANDATORY CREDIT) HANDOUT EDITORIAL USE ONLY/NO SALES

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