The company is part of infrastructure holding Mover, formerly Camargo Corrêa.
The mayor of Santa Marta will visit desalination facilities in Israel this week.
A subsidiary of the Brazilian infrastructure group will pay fines of around US$190mn, which is not enough to endanger the conglomerates financial position, the rating agency says.
TCVAL decided against continuing the project to build a new container terminal in Valparaíso, citing delays in environmental reviews.
The two banks signed a US$32mn loan contract to finance dredging works at Puerto Quequén, which will be carried out by Jan de Nul.
The project would involve widening a 43km highway section linking the La Hachadura border crossing and highway CA12.
The bank is planning to hold IPOs for at least four subsidiaries.