IDB Invest has structured a $48 million financial package to complete the construction of the Itulpark logistics park in Quito, Ecuador. It will be the first AAA sustainable logistics park in the country, the highest standard for this type of construction.
Located in the Itulcachi logistics zone, the project is expected to be completed at the beginning of 2025 and will have four ships of new sustainable warehouses that will incorporate photovoltaic solar energy to improve the efficiency and competitiveness of the logistics park. The project will contribute to the development of the outskirts of Quito, helping to decongest the city's urban center, and strengthening one of the country's most important commercial roads.
