• Financing of up to $100 million will support the construction and modernization of strategic logistics parks to foster sector growth and job creation.
BUENOS AIRES – IDB Invest is leading a financing package of up to $100 million for Plaza Logística S.R.L. to expand and modernize its network of logistics parks in Argentina. The project aims to consolidate the infrastructure needed for the sustained growth of e-commerce—a strategic sector that demands more efficient spaces, advanced technology, and connectivity across the country’s main production corridors.
This initiative is key to Argentina’s development by boosting e-commerce, one of the most dynamic engines of the economy, which saw a 79% increase in billing during the first half of 2025 compared to the same period in 2024. This growth requires modern, efficient, and sustainable infrastructure to reduce operating costs, shorten delivery times, and improve the competitiveness of local companies. E-commerce requires up to three times more storage space than traditional commerce and employs up to fifteen times more people per square meter of storage than traditional logistics.
The project is expected to generate around 1,100 temporary jobs and contribute to sustained growth in formal employment within the logistics sector.
"Logistics is a fundamental enabler of economic development and e-commerce. With this investment, IDB Invest supports the expansion of modern and efficient infrastructure that enhances competitiveness, strengthens productive integration, and contributes to job creation in Argentina," said James Scriven, CEO of IDB Invest.
"This financing—the second from IDB Invest to Plaza Logística—strengthens our strategy to continue leading the development of logistics infrastructure in Argentina, allowing us to expand our presence in key locations and develop distribution centers with international standards. IDB Invest’s trust supports our growth and reaffirms the company’s commitment to high environmental, social, and governance standards since its founding in 2009," said Ramiro Molina, General Manager of Plaza Logística.
The financing package includes a loan of up to $50 million from IDB Invest and a loan of up to $50 million from resources of the Caribbean and Latin America Development Fund (TADAC), managed by the IDB Group, and the Japan International Cooperation Agency (JICA).
IDB Invest will provide technical assistance to Plaza Logística to create greater economic opportunities for young people from vulnerable neighboring communities, with a special focus on women. The support will include training programs in skills relevant to the logistics sector, targeted at these communities, and the creation of mechanisms to facilitate the labor insertion of graduates. In addition, the project will promote the adoption of international standards in environmental, social, and governance management.
This project is part of the IDB Group’s support under the new 2025–2028 Country Strategy for Argentina, which seeks to advance economic liberalization to unlock private investment and growth.
About IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.
About TADAC Fund
The JICA Trust Fund Achieving Development of Latin America and the Caribbean (TADAC) is a fund managed by the IDB Group, established in collaboration with the Japan International Cooperation Agency (JICA) to promote sustainable development in Latin America and the Caribbean. With an initial contribution of US$1 billion, the fund seeks to catalyze private investment through co-financing of strategic projects. TADAC is JICA’s first fund with the IDB Group dedicated to the private sector and the largest in the region, strengthening BID Invest’s “originate-to-share” business model.