The Ministry of Transportation of Argentina has published a call for tenders for the design, construction, expansion, improvement, repair, remodeling, operation, maintenance and commercial exploitation of the Network of Highways and Safe Routes PPP Project Stage 1.
Infrastructure/PPP news in Argentina
The Transport Minister of Argentina has the government will not terminate Corporación América's 30-year concession of the operations of 33 of the country's main airports. The contract was signed in 1998 but included a clause to possibly terminate the contract in 2018.
A list of highway projects have been presented to the public-private partnership (PPP) unit of Argentina's finance ministry. The initiatives entail 7,277km of roadworks to be develop under a PPP model and require investment of US$16.7 billion over the next 15 years.
The Government of Argentina has launched a a call for expressions of interest (EOI) for the development of a total of 38 water infrastructure projects, some of them to be structured as public-private partnerships (PPP). The total estimated value for all the projects reaches US$9.5 billion.
Autopistas del Sol S.A. (Ausol), together with the National Road Agency (Dirección Nacional de Vialidad), under the Transportation Ministry of Argentina, have signed a memorandum that formally initiates the process to extend its concession contract for an additional 10 years.
Grupo Concesionario del Oeste S.A. (GCO), an Abertis Group company in Argentina, together with the National Road Agency (Dirección Nacional de Vialidad), under the Transportation Ministry of Argentina, have signed a memorandum that formally initiates the process to extend its concession contract.
Two months after launching the new PPP law, the Government of Argentina will undertake the first contract through public-private partnership involving a housing project.
IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), have invested a combined US$100 million in Orazul Energy Partners LLC, an affiliate of Orazul Energy Holdings LLC, an energy platform in Latin America owned by I Squared Capital.
The government of Argentina has launched the law 27,328 on PPPs, an instrument aimed to attract and accelerate investments from the private sector.
Governments of Latin America to discuss investment opportunities for energy projects – Washington, D.C March 2017
Latin American public and private sector leaders will address countries’ policies and strategies to engage investors and stimulate open discussions. 250 energy developers, financiers and public sector stakeholders are expected to attend the meeting from North America and countries across Latin America.
Paraguay has announced that the country will do an open consultation to analyze the construction of a bridge between Paraguay and Argentina.
The Argentine Chamber of Deputies has approved the new Public-Private Partnership (PPP) framework to help address the country’s existing infrastructure deficit and make banks and multilateral lending agencies more interested in financing public works.
The Argentine Congress has approved a bill for a new Public-Private Partnership (PPP) framework to help address the country’s existing infrastructure deficit and make banks and multilateral lending agencies more interested in financing public works.
Mauricio Macri, Argentina's president, is planning to send a public private partnership (PPP) bill to Congress by early July.
Argentina and Chile have agreed to finance the Agua Negra tunnel project, which will connect both countries, by direct investment.
Noble Group Limited has announced that on 15 August 2014, the company's wholly-owned subsidiary, Noble Argentina S.A., has agreed to acquire a 22.75% shareholding interest in Sitio 0 de Quequén S.A.
MSC Mediterranean Shipping Company S.A. (MSC) last week announced that Terminal Investments Limited (TIL) has acquired Global Infrastructure Partners' (GIP) 50% interest in International Trade Logistics (ITL).
OHL has reported that it has sold its entire stake in the Argentine concession Autopista Ezeiza Cañuelas, SA (AECSA), to the company ESUVIAL, S.A, which belongs to the CPC, S.A. Group, for a price of 55.9 million Argentine pesos (aproximately €6.8 million).OHL said that the impact of this transaction in its Profit & Loss Account will be almost neutral.CPC has debuted in roadways concession in 2012 as partner of the Autovia del Mar consortium together with Benito Roggio, Helport and Esuco.Since 1993, the concessionaire Autopista Ezeiza - Cañuelas, S.A. (AECSA) has been in charge of the construction, improvement, repair, conservation, extension, remodeling, maintenance, administration and operation of the Riccheri Sliproad.
It is strategically located within the central belt of both countries and was considered a high-priority investment, because it attracts traffic itself that does not compete with any other road.
The project is expected to cost in excess of US$850 million. The contract for the work is expected to be agreed in 2014.