Argentina China Flags

Argentina Restarts China-Funded Dams, Signals Reset in Ties

Despite the presence of related propaganda disseminated through various government social media channels, the novelty went largely unremarked. Nevertheless, it was a crucial announcement with multiple interpretations – one interpretation is that President Javier Milei’s government is reactivating the most important public works project in the country; another, and perhaps the most significant, is that … Read more

Blue Dollar Updates

Luis Caputo says Santa Cruz hydroelectric dam development will continue

Economy Minister Luis Caputo announced on Thursday that the resumption of work on the Jorge Cepernic hydroelectric dam in Santa Cruz province is imminent. Caputo confirmed the news on his X account, stating that the construction “could be completed by 2030” and is expected to “contribute 1,860 GWh to the Argentine Interconnected System.” The project … Read more

Argentina China Flags

Santa Cruz Secures $130M Chinese Loan for Dam Revival

The provincial government of Santa Cruz announced on Sunday that it has secured a loan of US$136 million from China to restart construction on a hydroelectric dam, a project that has been stalled since December 2023. The total loan is US$150 million and is provided by a consortium of banks led by ICBC and the … Read more