Bahia Blanca

active

Pier 5-9 of the Ingeniero White subsidiary port of Bahia Blanca has been operated since 1993 by the private consortium Terminal Bahia Blanca S.A. The consortium is controlled by several local grainhouses including local Grain Stock exchange, Bunge y Born Comercial, Techint, Nidera, Asociacion Cooperativas Agrarias, Productos Sudamericanos, Sociedad Comercial del Plata, Genaro Garcfa, Bolsa de Cereales de Bahfa Blanca, Bolsa de Cereales de Buenos Aires, Coninagro, Confederacion Rurales Argentinas, and Sociedad Rural Argentina. The concession fee is US$ 3,78/ton on board. Bahia Blanca port also comprises two captive grain and by-products terminals, run by Platestiba S.A. and Cargill S.A. Investment in facilities was calculated given information on total private investment for all of Bahia Blanca Port. Given capacity for two private terminals, Ingeniero White Terminal comprised 16.6 percent of total private investment (given as US$923 million in 2003 dollars). These figures adjusted for 1993 nominal values give Bahia Blanca investment of 1993 US$120.3 million. None