Costanera Center Project On Hold But Chances Of A New Start Improve

Horst Paulmann, leader of commercial giant CENCOSUD reiterated the company's commitment to the Costanera Center project, a us$600 million mall and office complex in the heart of Santiago's business district. The project was suspended in October 2008 due to the worldwide economic crisis but Paulmann has spoken of his faith in the Chilean economy and hopes that construction will restart within the next few months.

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