Argentina has selected a victor for its 90 percent stake in Buenos Aires water and sewage operator, AySA, with the US$340-million agreement representing a success for President Javier Milei’s privatisation strategy following a setback in a railway tender. The government announced on Thursday its intention to divest its shares in Agua y Saneamientos Argentinos SA … Read more
A consortium of firms from Argentina, Brazil, and the Netherlands has secured 90% ownership of the public water and sanitation utility company Agua y Saneamientos Argentinos, as announced by the government on Thursday. The bid in the tender amounted to US$340 million. The news indicates that the company, which supplies running water service to the … Read more
President Javier Milei is pursuing substantial private investment to revitalize Argentina’s deteriorating freight railways, aiming to establish them as a vital corridor for transporting grain and minerals to export ports. However, the privatization of the state-owned network presents a formidable challenge, one that Argentina has previously struggled to overcome. During the 1990s, the government’s initial … Read more
President Javier Milei’s administration is initiating a tender for the Belgrano Cargas freight line, which is among the state enterprises slated for privatisation under the ‘Ley de Bases’ comprehensive reform of 2024. The forthcoming tender follows the La Libertad Avanza administration’s presentation of the key components and timelines of its strategy to business representatives and … Read more
In an effort to solidify Argentina’s fiscal surplus and bolster the Central Bank’s international reserves, President Javier Milei’s administration is advancing an ambitious and long-standing privatization initiative. The government’s approach aims to produce revenue in dollars through the sale or concession of state-owned enterprises. This is essential for the government, as the accumulation of foreign … Read more
This week, the Argentine government initiated the privatization of the state-owned company Argentine Railways, marking the 11th public venture to be opened to private capital in 2025. Since the inception of the Milei administration, a total of 19 companies have undergone privatization or have been made available for corporate ownership bids. The Argentine Railways operates … Read more
