A major logistics infrastructure project is moving forward in the province of Santa Fe, as Terminal Timbúes S.A. has received official approval to join Argentina’s Large Investment Incentive Regime (RIGI). The initiative involves a USD 290 million investment to build a multipurpose port on the banks of the Paraná River, marking the first RIGI-approved project in Santa Fe.

Created in 2024 to attract large-scale capital into strategic sectors of the Argentine economy, the RIGI provides a framework of tax, customs, and legal benefits for projects exceeding USD 200 million. Until now, most approved projects under this regime had been concentrated in mining and energy.

 

Strategic Infrastructure at the Heart of the Waterway Corridor

 

The new port will be built on a 186-hectare site in the town of Timbúes, at the northern end of the Greater Rosario port system—an area that currently handles more than 70% of Argentina’s agro-industrial exports.

 

Plans include two main docks, with the option to add a third, as well as storage facilities for solids and liquids, and infrastructure capable of handling Panamax and Post-Panamax vessels. The terminal is expected to handle over five million tons of cargo per year, including fertilizers, grains, minerals, liquids, and general cargo.

 

Economic and Regional Impact

 

According to estimates by the company, the construction phase will create 300 direct jobs, with over 200 permanent positions once operations begin, projected for the end of 2026.

 

The initiative is aligned with the Timbúes Port Competitiveness Program, promoted by the provincial government to encourage private investment and upgrade logistics infrastructure.

 

During a site visit, Gustavo Puccini, Santa Fe’s Minister of Productive Development, stated:

“We aim to leverage RIGI’s incentives to strengthen our port system and expand formal employment opportunities across the coastal region.”

 

A New Chapter for the Paraná Waterway

 

The inclusion of Terminal Timbúes S.A. in the RIGI marks a milestone for the port network along the Paraguay–Paraná Waterway. It reinforces Santa Fe’s position as a major logistics and export hub, while expanding the region’s capabilities beyond traditional agricultural trade to include industrial and strategic mineral operations.

 

RIGI: A Gateway for Large-Scale Investment

 

The Large Investment Incentive Regime offers 30 years of regulatory stability for approved projects, with key benefits such as accelerated depreciation, income tax reductions, export duty exemptions, and access to international arbitration mechanisms.

 

With the approval of this project, the total volume of investments under RIGI now amounts to USD 24.8 billion, encompassing 22 active or pending projects across multiple productive sectors.

MÁS NOTICIAS