Parque Arauco Announces New Development Projects, Increasing Investment Plan to US$730 million

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SANTIAGO, Chile--(BUSINESS WIRE)--Parque Arauco S.A. (SSE: PARAUCO) (Bloomberg: PARAUCO:CI) has announced three new greenfield projects: a neighborhood shopping center and a premium outlet mall in Chile, and a premium outlet mall in Peru. The company also announced expansion projects in MegaPlaza Norte, MegaPlaza Chimbote, MegaPlaza Express Chincha and MegaPlaza Express Villa Chorrillos in Peru. Parque Arauco will develop Arauco Antofagasta, the company´s first shopping center in the north of C

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