on Aclara Resources Inc. (isin : CA00461M1032)
Aclara's Penco Module Included in Chile's Strategic Industrial Strengthening Plan for the Biobío Region
Toronto, ON / ACCESSWIRE / September 17, 2024 / Aclara Resources Inc. (TSX:ARA) has announced the inclusion of its Penco Module in Chile's "Industrial Strengthening Plan" for the Biobío region. This initiative aims to revitalize the region's economy, which has stagnated due to limited investment over the past two decades.
The plan highlights 25 large-scale projects, including Aclara's Penco Module, representing a potential investment of USD 6.8 billion and the creation of up to 5,000 jobs. Key objectives include accelerating private investment and improving institutional capabilities for investment approvals.
Ramon Barua, CEO of Aclara, emphasized the strategic importance of the Penco Module for both the Biobío region and the Chilean government. He expressed the company's commitment to collaborating with local communities and authorities to advance the project's development.
R. H.
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