The businessman Eduardo Eurnekian has confirmed the intention of Governments and private sectors from Argentina and Chile to continue with the so called Central Bi-Oceanic Corridor project.  In that sense, the President of Corporación América said that “integration is a dream to turn a split up World into a unit, one’s ideals into the benefit of everybody. This is strategic thinking, exchanging, producing, trading and positioning”

The above statements have been made within the VII Hemispheric Meeting of International Relations Boards framework at which Eduardo Eurnekian closed the third day of the event being held at Sheraton Park Tower Hotel until the 30th April.

The core topics of the presentation by the renown Argentine businessman were integration of countries, globalization through investment, links between Argentina and Chile and his view for the future regarding the neighbor country and the Bi-Oceanic Corridor linking us with them READ MORE

Caminos del Paraná Company, a member of Corporación America, took over Toll Road Corridor No 6, early on Thursday 22nd May.

The new concession will be responsible for a total 932.84 kilometers of National Route No 16 and National Route No 12 linking Misiones, Corrientes and Chaco provinces.

Caminos Del Paraná will be responsible -throughout six years- for building, improving, repairing, maintaining, expanding, and remodeling, managing and exploiting said routes throughout a toll road system. READ MORE

The Argentine investor group led by the businessman Eduardo Eurnekian is getting ready to submit to the Government an airport development initiative comprising various airports located in the interior of the country.

In this way, Eurnekian Group pretends to expand Business to Uruguay, which started through its successful disembark at  Carrasco International Airport where its Company, Puerta del Sur, invested around 200 million dollars in order to welcome five million passengers/annually which will mean duplicating the current traffic twice.

The Group is trying to submit the initiative to boost Colonia, Salto, Rivera and Rocha Airports before three Ministries – Economics & Finance, Transportation & Public Works and National Defense-
Although they hold the international airport feature, none of them has currently the proper infrastructure to welcome big-size aircraft flights and even less to have aircrafts from the region countries landing there. READ MORE

Del Fin Del Mundo Winery announces the Opening of a new undertaking called  “Experiencia Del Fin del Mundo”(End of World Experience), a top level gourmet spot, specially designed for a bon vivant, located at the very core of Palermo Hollywood neighborhood,  at Honduras St between Fitz Roy and Bonpland Streets.
 
The abovementioned Opening is included in the prestigious Patagonian winery expansion and development Project, undertaken between Viola and Eurnekian families, since their partnership by mid 2009.
At “Experiencia Del Fin Del Mundo” spot, you will enjoy and share good moments in a warm environment where you will be given a customized care and renown sommeliers will serve you too.
 
Julio Viola, President of the Winery stated that, “We are very proud of Experiencia Del Fin Del Mundo (End of World Experience), a unique and exclusive spot we’d like to share with our customers and friends“
This new meeting point is the ideal spot for wine tasting, courses and Workshops as well as for corporative, cultural and social events or jut for enjoying a chill-out moment accompanied by world prized wines and an excellence customer service. READ MORE

Yesterday, the Credit Suisse - the Bank selected by the Italians to settle the private tender- defined the short list of the names still in the run as potential buyers of Telecom Italy’s stake in Telecom Argentina.

The selected three ones were a consortium formed by Eduardo Eurnekian and Ernesto Gutiérrez Conte, from Aeropuertos Argentina 2000 and Matías Garfunkel Madanes joined them,  then IRSA owned by Eduardo Elsztain and the ex-logistics businessman Alfredo Román. In the three cases, the tender is for a 50 % of Sofora, Telecom Argentina Parenting Company through Nortel, which the Italians have the Werthein group as a partner in.

The Credit Suisse Bank verified that bidders met the requirements of having the money bid set aside and readily available. Some market sources have guaranteed that from now on a further different analysis will be considered to define the successful buyer.

Following the latest unnamed sources, Eurnekian, Gutiérrez Conte and Garfunkel would offer around 580 million dollars and would have Werthein’s endorsement. On their part, Elsztain’s offer would amount to 630 million dollars whilst Roman group would be in the middle of them both. READ MORE

The Federal Planning Gov. Minister, Julio De Vido, announced the effectiveness of a mandatory gasoil blend with a 5% biodiesel. According to De Vido, this percentage will continue increasing year after year until reaching a 20% of the blend in the next four years.
 
As stated by De Vido, the biodiesel incorporation will strengthen five thousand job positions and the country’s energy reserves will increase by 2%. Besides, the Minister explained that this blend will have a neutral effect on the gasoil price.

“For us this is good news. It is a very good thing for biofuel companies to have a foot in the domestic market”, Fernando Peláez, President of the Biofuels Argentine Chamber (“Carbio”), said. READ MORE

In its January issue the prestigious Travel & Leisure magazine published an article called “The Most Beautiful Airports in the World” and the new Carrasco Airport Terminal (operated by Eduardo Eurnekian’s Corporacion America) is highlighted as one of the best airports.

This selection of airports was made by a renowned architecture Critic, Karrie Jacobs, who writes on travels, architectural design, visual language and architecture- applied- technology in various publications, such as the New York Times, ID & Fortune. She’s also an editor of the most prestigious devoted magazines of architecture, landscaping and urban design. She’s currently a professor at the New York School of Visual Arts. READ MORE

The corridor is taking form. The Consortium to put in place phase two is being created: the group would include: Mitsubishi, Queiroz Galvao, San José and Contrera Hnos.; Corporación América will be the operator.

At the 22nd Plenary Meeting of the Argentine Japanese Business Committee- held in Tokyo this month, the Central Bi-Oceanic Corridor Project became relevant again through Eduardo Eurnekian’s words, at one of the main speeches of the event, and this called the attention of the Japanese market.
Through statements made on “Comex” Supplement of Buenos Aires Economico (BAE) newspaper, Corporacion America’s engineering manager of the project, Hugo Eurnekian, said that negotiations on new potential Partners for the Bi-Oceanic Corridor have progressed in such considerable way throughout the Japan-Argentina business committee’s meeting, that one of the Partners-to-be could be Mitsubishi from Japan. READ MORE