Argentina: So far in 2017, investments were announced for us$ 13.2B
By: Aldo Leporati
As of December 2015, us$ 63,888 million was in the form of 11.6% of GDP measured in dollars, corresponding to 536 projects of 417 companies.
The updated version of the Investment Map in Argentina, which has just been published by the Argentine Investment and International Trade Agency (AAICI), leaves in black on white that today the country is attractive for investors especially in the field of non-conventional hydrocarbons, mining, renewable energy, telecommunications and real estate development.
Despite this, it must be remembered that it is one thing to announce an investment and quite another, to concretize it. Next to the map is the Investment Monitor, according to which foreign direct investment (FDI) increased 30% year-on-year in the January-March period, surpassing us$ 2.7 billion. In the first quarter, in addition, "the investment led the recovery of the Gross Domestic Product (GDP) with a 3% increase over the same quarter last year," the report said. From the document, the agency predicts that investment during the second half of the year "the investment will consolidate its recovery with increases around 10% year-on-year."
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