South American Real Estate News
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China and the Inter-American Development Bank launch $1 bln Latam investment fund

China and the Inter-American Development Bank said on Monday they are starting a $1 billion fund to invest in Latin America, though the Asian giant’s latest push to expand its influence in the region prompted words of caution from Brazil. To feed its fast-growing economy’s voracious appetite for raw materials, China has invested tens of billions of dollars in the region, from Mexico to Argentina, over the last decade to acquire strategic assets or companies in sectors such as oil, minerals and food…

Argentina’s Olive Oil Production Expected to Double By 2020

Industry analysts have announced that olive oil is now the country’s fastest-growing agricultural commodity and expect production to double in size by 2020, according to the Agri-Food and Agribusiness Strategic Plan of Argentina’s Ministry of Agriculture, Livestock and Fisheries. Rapid growth and improved technology in recent years has positioned Argentina among the world’s top producers of olive oil and table olives. Exports generated over US$30 million in the first trimestre of 2011 alone. The industry…