The 1880 Federalization of Buenos Aires was followed by a boom in foreign trade and European immigration, and in 1890, Mayor Francisco P. Bollini commissioned the construction of a new city hall.
Perón and, most notably, the administration of President Arturo Frondizi, encouraged foreign (as well as local) investment in energy and industry as part of a developmentalist policy of import substitution industrialization.
The San Lorenzo Department includes important ports on the Paraná River, such as the city of San Lorenzo itself and Puerto General San Martín (which ships 50% of the Argentine exports of soybean).
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