Argentina Needs To Invest US$290 Billion In Infrastructure By 2024

Patrick Archer competitiveness, foreign investment, real estate

Argentina will need to invest US$290 billion over the next ten years in order to finance the myriad large-scale infrastructure projects the country needs to either initiate or expand. The estimates from Argentina consulting firm, E&R, which cautions: “reaching an agreement (with the holdouts) would be critical in order to attract the foreign direct investment (FDI) and secure financing for …

Argentina Country Risk Falls To Lowest Level In 3 Years

Patrick Archer buenos aires events, competitiveness, foreign investment, global rankings, real estate, us companies

Exactly one week ago the US Supreme Court rejected Argentina’s appeal in the high-profile debt case with holdout hedge funds led by NML Capital and Aurelius Capital Management stemming from the country’s 2001 default. The week that followed was full of mixed signals, speculation and posturing on both sides of the case. Considering the market’s disdain for uncertainty, Argentine stocks and bonds …