Paracel has started infrastructure work for an industrial development hub in Paso Horqueta, marking the construction of the country's first pulp mill. The project, financed by the IDB with US$ 165 million, includes a port, transmission lines, and access roads. Brazil's Grupo Sudati will invest US$ 215 million in a plywood unit, generating over 2,000 jobs.
Blas Zapag
Presidente del Directorio de Paracel.