TRX launches new infrastructure fund

In Brazil, TRX Infraestrutura, one of TRX's business units, has launched its TRX Infraestrutura FIP II investment fund.

The aim of it is to inject $65m into dry bulk, liquid bulk and general cargo terminals in the Brazilian states of Pará e Paraná.

According to TRX Infraestrutura director Julio Zogbi, the implementation of new links, intermodal terminals and modern cabotage structures should be seen as a priority in a country as large as Brazil.

The four projects currently managed by TRX Infraestrutura are a multipurpose terminal in Pará; a liquid bulk terminal and a dry bulk terminal in Paraná; and a fertiliser terminal in Santa Catarina, with a capacity to handle 60,000 tons.

“Among the sectors that we are looking into in Brazil that work for us are grains, which have grown 8.6% in 2015, and fertiliser used to produce grain, as well as fuel derivatives,” said Mr Zogbi.

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