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Codesa

                         This company provides services for air and land transportation. It
                         is located on the highway to Silvio Pettirossi International Airport
                         within  the  area  of  the  airport  itself.  As  its  main  activity,  it  has  a
                         public customs deposit for private management for the reception,
                         storage  and  security  of  the  cargo  while  its  import  procedure  is
                         under way. At the same time, they offer custom services to their
                         customers,  which  allows  companies  to  have  an  exclusive  space
                         within the warehouses for their use.














                         Fenix

                         Puerto  Fénix  de  Puertos  y  Estibajes  S.A  started  is  a  Multimodal
                         Terminal of Paraguay, operating as a river port, dry port and bulk
                         terminal. To date, more than US$ 40 million has been invested in its
                         infrastructure.  The  terminal  is  located  on  100  he.  site  with  over
                         1500  meters  on  the  Paraguay  River.  It  is  in  the  City  of  M.  Roque
                         Alonso, north of Asuncion. The terminal has three docks. The main
                         one of 220 m. long is dedicated to the operations of containers and
                         grains. The second dock has 105 meters and is designed to handle
                         containers and general cargos such as cars, machinery, cement,
                         fertilizers, etc. The third one is mainly for general use.













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