The Argentine government will invest 150mn pesos (US$38mn) in Buenos Aires province's Escobar municipality, local paper El Cronista reported.
The plan will involve 100mn pesos in roadworks, mainly to improve the Ruta 25 highway, connecting Escobar to Parana de las Palmas, as well as works on highways Ruta 26 and Ruta 9.
The cost of the roadworks will be covered by the national government and are of importance for the district's tourism and productive activities, said Escobar mayor Sandro Guzman.
The municipality of Escobar recently submitted an urbanization zoning plan for approval.
The plan was already approved by the city's council and is expected to be approved by the provincial government within days.
The municipal government will invest another 50mn pesos in the construction of a 200ha industrial area, where about 300 companies - most of them focused on logistics - are expected to locate.
In the future, the municipality plans to build a logistics port, so that ships do not have to depend on the ports of Zarate or Buenos Aires.
Authorities will launch a tender in about two months calling on firms to submit port projects.
The government expects the port's construction to begin in mid-2011.