Aldo Abram highlights RIGI's success in attracting investments

Economist Aldo Abram stated on Canal E that Argentina's Régimen de Incentivo para Grandes Inversiones (RIGI) is already delivering concrete results, with over 20 projects submitted totaling more than $33 billion. More than 10 have been approved, amounting to around $25 billion in future investments.

Economist Aldo Abram discussed on Canal E the positive impact of Argentina's Régimen de Incentivo para Grandes Inversiones (RIGI), a regime aimed at attracting large-scale capital. “It’s working, and it’s working well,” Abram stated, noting that prior to its launch “no one was thinking of investing a single dollar or peso” amid high tax pressures, regulatory uncertainty, and labor conflicts, which he likened to a “jungle” for investors. A shift in expectations has revived interest from local and international investors, enabling them to identify viable projects—a process that takes time to mature. Abram emphasized the need for political stability to sustain the inflow: “Projects will keep coming,” he said, though some investors await greater electoral clarity ahead of 2027. The RIGI establishes a protected sector where “investors can run their business like in a normal country,” but the challenge lies in extending these conditions economy-wide. Abram expressed optimism about its continuation, driven by successes that could spur deeper structural reforms. On energy, he linked the RIGI to Vaca Muerta’s potential, despite infrastructure bottlenecks like pipelines. “You can have all the gas… but if you can’t deliver it to the consumer, it’s a problem,” he explained, adding that liquefied natural gas imports will likely continue short-term as investments progress.

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Interior Minister Diego Santilli shakes hands with Governor Marcelo Orrego in San Juan during labor reform talks.
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Santilli meets Orrego in San Juan over labor reform

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Interior Minister Diego Santilli met Thursday in San Juan with Governor Marcelo Orrego to advance labor reform. Both agreed on the need for regulatory changes to boost private employment and economic growth. Orrego expressed willingness to seek consensuses for the project.

Argentina's agroexport sector commended the progress made in 2025 under President Javier Milei's government, highlighting macroeconomic stabilization, predictability in exchange rates and inflation, and reductions in grain export duties. Gustavo Idígoras, head of CIARA and CEC, foresaw a more stable policy for 2026 benefiting agriculture. These steps produced positive signs amid a year of intense changes.

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Chief of Staff Manuel Adorni led the year's first officialist political table meeting to devise a strategy ensuring the labor reform's approval in Congress. Interior Minister Diego Santilli will start a tour of key provinces like Salta, Neuquén, and Entre Ríos to negotiate compensations amid unrest over Income Tax changes. This effort aims to address governors' concerns who are conditioning support on fiscal adjustments.

The Argentine Industrial Union (UIA) issued a statement expressing concern over the manufacturing sector's situation, highlighting the complexity of the current economic model. In the 'QR!' program on Canal E, experts like Guido Bambini and Pablo Caruso analyzed the document, pointing to declines in production, employment, and installed capacity. According to United Nations data, Argentina recorded the second-largest industrial drop worldwide between 2023 and 2025.

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Argentina's Senate approved President Javier Milei's bill on Thursday night, allowing governors to override federal protections on glaciers and periglacial zones to enable copper mining investments. The measure, now heading to the Chamber of Deputies, aims to unlock copper deposits worth billions of dollars. Companies like BHP and Glencore plan to invest up to US$40,000 million in the region.

Provincial deputy Santiago Pérez Pons filed a criminal complaint against Mayor Bruno Cipolini and his economic team for irregularities in handling public funds invested in risky stock instruments. The accusation alleges embezzlement and lack of authorization, amid deficit budgets. The municipality defends its actions as legal and plans to recover the lost funds.

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Argentina's government under Javier Milei is pushing to privatize six state-owned companies to secure dollars and bolster reserves, even though four ended 2025 with financial surpluses. State firms collectively posted a $903 billion surplus last year, despite an operating deficit.

 

 

 

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