OVERVIEW

Politics: President Mauricio Macri began term as Argentina’s president on December last year with a new fresh infrastructure long term plan.

Economy: Argentina is the third largest economy in Latin America after Brazil and Mexico with a GDP of more than US$ 540 billion.

International Support: current World Bank portfolio in Argentina focuses on health, environment, education, infrastructure and social protection. It consists of 22 projects for a total of US$5.8 billion. CAF's Development Bank of Latin America support for up to USD 2 billion for infrastructure works, productive transformation, and social development. IDB Inter-American Development Bank has been the main multilateral partner involved in Argentina's development, with annual approvals averaging US$1.36 billion in recent years. The current active public sector portfolio encompasses 54 operations for a total approved value of US$9.2064 billion, with an undisbursed loan balance of US$3.8747 billion (42.1%).

Strong investment in Infrastructures: future plans includes about US$ 75 billion projects. 

Location: located in South America, Argentina covers 2,736,690 square kilometers of land and 43,710 square kilometers of water, making it the 8th largest nation in the world with a total area of 2,780,400 square kilometers.

Infrastructure Opportunities:  next years Argentinian government plans to develop the following:

• 25.000 Km of roads & highways US$ 25 billion.
• Water and Sewage infrastructure US$ 20 billion.
• 10.000 km of railway freight lines US$ 15 billion.
• Real Estate & Housing developments US$ 10 billion.
• Airports and ports US$ 2 billion.