Timbúes Multipurpose Terminal — port infrastructure (Terminal Timbúes SA)
New multipurpose port terminal on the Río Coronda in Timbúes (Santa Fe), the heart of the Greater Rosario agro-export complex. Storage and dispatch of fertilizers, iron/steel, grains and fuels. It is Santa Fe's first RIGI: it plugs the regime into the country's densest logistics hub. The CNDC did not object to the adhesion.
How to supply it
what we have for a supplier, and how to request it
What we have on this project for a supplier
Who decides the purchase, who you invoice and where a new supplier registers.
Which lines each phase buys and when the window opens for each one.
Which they are, why it will need them and who could provide them.
Who they are, what each one does and how to sell to them.
All of this is surveyed and verified against its source. Crossed with what you sell —which of them your products suit, how to reach it and when— it is in your company report. Request the report
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Where my company can get inThe project
what it is, the route, the owners, the works and the contractors
Who owns it
Terminal Timbúes S.A. (VPU, CUIT 30-71891156-3) verif Nov 20, 2025 ↗
The works, milestone by milestone
The river block enters its most visible stage: on the North and South viaducts, piling, structures and beams are being built that will connect to the continuous quay of 240 by 27 metres, ready for transfers with barge trains.
The physical work fronts under way are the North and South viaducts, the 240-metre multipurpose quay with its main beams, the southern sector's storm drain, the main access ramp and the truck circulation and waiting areas.
The Agencia Nacional de Puertos y Navegación authorises a change to the list of goods the project may import under the franchise of article 190 of Ley 27.742. ⭐ It is the hardest signal that the project is buying: the list changes when the works need something other than what was requested on accession. And it marks the change of supervising body: no longer the Ministerio de Economía, but the ports agency.
Resolución 1842/2025 of the Ministerio de Economía, signed by Caputo, is published in the Boletín Oficial, approving accession: USD 276,900,000 of total investment in eligible assets, three port logistics units and a minimum investment deadline of 1 April 2027. It is the ninth project under the regime and the first in Santa Fe.
The RIGI accession date set by Resolución 1842/2025: it is what starts the regime's clock for this project.
What it leaves in Santa Fe
jobs, works, taxes, promises and the outlook
How many jobs it creates
employment peaks of up to 300 workers during the works workers at the peak of the works (the report does not say whether these are direct jobs only) prob Nov 5, 2025 ↗
200 direct jobs once the three port units are operating, plus the indirect employment from port activity, which is not quantified permanent direct jobs prob Nov 5, 2025 ↗
The works that stay behind
The infrastructure that stays standing once the works end, with its size and its source.
Multipurpose quay on the Coronda river, with its North and South viaducts
Productiveby 27 metres of continuous quay, on viaducts of piles, structures and beams
Cargo from the region and from northern Argentina: it is a multipurpose terminal operating for third parties — fertilisers, iron and steel, grain, fuels and minerals — on the stretch of the Paraná through which most of the country's exports leave. What stays is not one owner's plant, it is one more loading point on the waterway.
Verbatim from the progress report: «Work is concentrated on the North and South Viaducts, with piling, structures and beams that will connect to a continuous 240-metre quay», and «The project includes a quay of 240 by 27 metres ready to handle different types of cargo and carry out transfers with barge trains».
The two main berths and their waterfront
Productivemetres of available waterfront, for Panamax and Post-Panamax vessels, with a third berth planned and over 5 million tonnes a year
Foreign trade for the country's centre-north and for neighbouring countries: the accession act defines the purpose as «a multimodal gateway and a strategic connection point on the Trunk Waterway».
The terminal «will initially have two berths able to receive Panamax and Post-Panamax vessels», with «900 metres of available waterfront», and once the third is added «a handling capacity of more than five million tonnes a year is projected, split between general cargo, agricultural bulk and liquids».
Fixed storage capacity: solids cells, liquid tanks and agricultural bulk silos
ProductiveThe producers and exporters that today depend on the existing Greater Rosario terminals: it is new storage capacity on the same river, with segregation by product.
«Eight reinforced concrete storage sub-cells for bulk solids, with the ability to segregate products»; «22 liquid tanks. They will be vertical and made of steel, of 2,000, 5,000 and 10,000 cubic metres»; the general cargo terminal «will be able to handle fertilisers, minerals and industrial products with storage capacity of 480,000 tonnes»; and the agricultural bulk section will be able to «store 100,000 tonnes».
Land access: internal rail siding and truck yard
ConnectivityThe town of Timbúes and the area's roads before the terminal itself: five hundred trucks parked inside are five hundred not waiting on the public road, and a rail siding connected to the Belgrano Cargas changes how cargo from the north arrives.
«Rail access: internal siding built for narrow gauge, with planned extension to broad gauge»; «truck yard: capacity for 500 units at once»; and the agricultural bulk section «will be able to receive up to 1,000 trucks a day». The district's port regime also requires the beneficiary itself to pay for the road connectivity works, «at its exclusive cost».
- What it already pays in taxes and royalties — We have not broken down this project’s local fiscal contribution: the primary source that sets each item still has to be opened, and an act of the State is not published on press backing.
- Who promised what — We have not surveyed the public promises about this project. A dated, verifiable commitment with its source closes them.
What could stall it
risks and how to track them
- What could stall it — We have not documented this project’s risks. An identifiable vector with its source closes them.
- How to tell whether it is advancing — We have not defined this project’s indicators: what observable fact marks its progress still has to be identified.
How we verified this
the act, the gaps and the sources
The RIGI act, in detail
EX-2025-377751282- -APN-SCEYN#MEC verif Nov 20, 2025 ↗
Oct 23, 2025 verif Nov 20, 2025 ↗
The act’s articles, in detail
4 facts on the commitment
87 % of the amount earmarked for suppliers that goes to LOCAL suppliers verif Nov 20, 2025 ↗
The entire investment amount earmarked for paying suppliers, goods and infrastructure works, during the construction and operation stages verif Nov 20, 2025 ↗
1 April 2027 to complete the minimum investment amount. 40% within the first 2 years. verif Apr 1, 2027 ↗
Terminal Timbúes S.A., tax ID 30-71891156-3, registered at Avenida Cacique Mangoré 14264, Comuna de Timbúes, Santa Fe. verif Nov 20, 2025 ↗
What we could not confirm
There are 5 in this project. Each says why it could not be confirmed and what it would take to close it.
H-01The indirect employment from the port’s operation+
The source quantifies the 300 construction jobs and the 200 direct operating jobs, and about the indirect employment only says that it exists.
H-02Who is building the terminal — no construction firm has a public name+
This is the biggest gap in this file and it is not for lack of searching: we looked for it twice, separately, and a third search aimed at the specific work fronts (quay, piling, viaducts, dredging) returned no company name either. The works are entirely private, so there is no public tender to open, and the company puts out progress videos without naming its contractors. ⇒ This is not «I haven't found it yet»: nobody publishes it.
H-03Whether the Comuna formally granted this terminal the 2023 port regime+
The text of Ordenanza 038/2023 has already been read in full and is in the entry requirements. What is missing is the act granting this company access: the ordinance requires a communal opinion and a grant (arts. 15 and 16), and the communal government only reports that Terminales y Servicios S.A. applied to join. Ordenanza 135/2025 applies to projects submitted afterwards and guarantees the conditions of those already incorporated into the 2023 regime.
H-04The act approving the terminal's environmental impact study+
The project's website states that the study was approved by Santa Fe's Ministerio de Ambiente y Cambio Climático, and neither of the two separate searches we ran found the act's number or date. Without that act you cannot read the obligations the permit places on contractors — which in the wind project of this same batch turned out to be the most concrete barrier to entry. || RE-CHECKED ON 2026-09-06 and still with no number: a third search of our own confirms that the study is approved by the Santa Fe Ministry of Environment and Climate Change — the owner's site and the port press both say so — but no act with a number or a date appears published.
H-05Why the investment in the act — USD 276.9 M — is less than half of what the company announces+
Three figures coexist and each measures something different: the accession act approves USD 276,900,000 of total investment in the single project's eligible assets; the owner said in May 2025 «around USD 600 M» in stages, with a first phase of USD 290 M; and the national announcement of March 2024 spoke of USD 550 million. They are not rival versions of the same number, but nobody has published the reconciliation between the act's scope and the full plan's scope.
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