Rail Investment Set to Speed Santiago Produce Exports — Panjiva


Rail Investment Set to Speed Santiago Produce Exports

Ags - Fruit/Veg 82 Ags - Grains/Beans 162 Ags - Meat/Dairy 138 Ags - Softs 81 Chile 51 Corp - Ports 661 Mode - Rail 66 Mode - Seaborne 1273

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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