Rail Investment Set to Speed Santiago Produce Exports — Panjiva
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Rail Investment Set to Speed Santiago Produce Exports

Ags - Fruit/Veg 133 Ags - Grains/Beans 299 Ags - Meat/Dairy 250 Ags - Softs 134 Chile 102 Corp - Ports 880 Mode - Rail 112 Mode - Seaborne 1801

The TVS rail project represents a $2 billion investment in a new rail line between the port of Valparaíso in Chile and the capital city Santiago. It is designed to speed the export of agricultural products from the Santiago region, which were worth $2.90 billion in 2018. Of those 43.8% were routed through Valparaíso. Users of other ports may become customers for TVS’s rail services. Leading exporters based in the Santiago region not currently using Valparaíso include Frusan, with $111 million of exports, as well as the local subsidiaries of Dole Foods and Monsanto among others.

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