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 …

US$2 Billion Highway Tunnel Below Puerto Madero Could Open In 2016

Patrick Archer ba government, buenos aires events, foreign investment, real estate, us companies

A proposed highway tunnel below Puerto Madero could bridge northern and southern auto corridors, alleviate downtown Buenos Aires traffic and spark a new wave of downtown real estate development. If approved, boring machines could begin carving the 2.5 kilometer underground tunnel this year which would connect three major downtown highways by mid-2016 if the project receives both municipal and federal …