Article: COLOMBIA: JOINT VENTURE CONSTRUCTION PLANS FOR PROPOSED $1,800,000,000 STEEL PLANT, ACESCO LTDA [COLOMBIA], CIA VALE DO RIO DOCE (CVRD) [BRAZIL] & THE ANDEAN DEVELOPMENT CORP. - Order #: 013501.

PROJECT OVERVIEW:

An international consortium is currently considering the construction of a new steel manufacturing complex in Colombia. The partners in the planned undertaking include the local ACESCO, the project leader, Brazil-based CIA VALE DO RIO DOCE (CVRD) and the ANDEAN DEVELOPMENT CORP. According to Oscar Ivan Zuluaga, ACESCO President, the proposed manufacturing base would be sited somewhere in the northern part of the country.

As things currently stand, the partners are soon expected to review the results of a final project feasibility study. The document in question is said to contain finance and market studies as well as possible ...

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