Investment boom at San Antonio

$25m is to be invested in the Chilean port of San Antonio, of which $20m will come from the concessionaire San Antonio Terminal Internacional (STI) and the other $5m from Puerto Panul. STI will use the money to extend its quay 200 metres northwards. The project has already been given approval by environmental authorities and also by the Ministry of Public Works. Work is due to be completed within 15 months.