I. Argentina is recognized as a country with significant natural resources; however, it is also important to highlight its highly skilled workforce and its well-established industrial and technological base. In a dynamic and evolving global context, these characteristics are enhanced and valued even more.

The global value chains that shaped the world's trading system in recent decades have been challenged by the evidence that unexpected health crises and geopolitical conflicts have structurally impacted their operational logic.

In this context, Argentina is poised to play a decisive role, possessing fundamental resources to address global challenges related to both food and energy security and, in doing so, to drive the development of its society.

Based on its natural resources and the human capacity to transform them, Argentina will increase and strengthen its integration into global value chains. In this processforeign direct investment (FDI) contribute to the development of local productive capacities and value chains that generate sufficient quantity and quality of employment to guarantee sustained growth.

Argentina has a vast territory, with 53% of it arable land, and is a leading exporter of a wide variety of agricultural and food products to highly competitive markets such as the United States, Canada, Europe, China, and Japan. It also has very significant mining and hydrocarbon areas with an impressive future for growth. Furthermore, Argentina boasts a solid industrial base, with developments in highly complex and dynamic sectors, such as steel pipe manufacturing, agricultural machinery, medical equipment, biotechnology, the automotive industry, and knowledge-based services, among others.

On the other hand, Argentina possesses highly qualified human resources, an extensive network of scientific research centers, and universities well-positioned in international rankings, with more than 110,000 university graduates per year. It is also the leading country in Latin America in terms of English proficiency.

Likewise, Argentina offers a vast infrastructure that enables a federal production network, with ports and points of entry and exit for goods in various locations throughout the country.

THE NEW ECONOMIC MANAGEMENT

II. From the very beginning of the current administration, a path was set in motion aimed at creating favorable conditions for attracting and facilitating investments that would boost Argentine economic growth. This commitment was formalized early on through Decree 70, of December 2023, which aimed to eliminate trade barriers and restrictions, reduce the burden of regulations, and establish conditions that would reassure business profitability.

President Milei's economic program is based on a pro-market agenda, which has stabilized the exchange market, lowered inflation, guaranteed legal security for investors, created a favorable climate for private enterprise, and promoted transparent and predictable rules for companies that decide to invest in Argentina.

This course was reaffirmed and expanded, with a special emphasis on stimulating investment in dynamic and strategic sectors that drive the national economy, through the establishment of the "Incentive Regime for Large Investments" (RIGI), approved by the National Congress through Law No. 27,742 in July 2024, and regulated by Decree No. 749 in August 2024.

This Regime, in effect until July of this year and extendable for one more year (until July 8, 2027), is aimed at projects involving investments exceeding US$200 million. Its objective is to create conditions of predictability, stability, and legal certainty for such projects, fostering the development of local production chains and establishing special protection against potential defaults by the State. Thus, the RIGI provides tax, customs, exchange rate, regulatory, and jurisdictional incentives, as well as regulatory stability for thirty years, to projects in eight strategic sectors: forestry, tourism, infrastructure, mining, technology, steel, energy, and oil and gas. The benefits provided by the RIGI are increased and extended to 40 years for projects involving investments exceeding US$2 billion.

III. With the objective of attracting Foreign Direct Investment (FDI) Productive and high-quality promotion of Argentina, from the Consulate General and Promotion Center in Istanbul we carry out the following tasks:

- We work with Argentine COMPANIES and START-UPS;

- We assist FOREIGN INVESTORS seeking opportunities in Argentina;

- We organize investment seminars and meetings with senior executives;

- We coordinate agendas for their business visits to Argentina.

- We disseminate INFORMATION on:

i) Expressions of interest in investing in Argentina

ii) National, provincial, and municipal incentives to attract investment to Argentina;

iii) The current situation, relevant actors, and dynamics affecting the region and the country in terms of FDI.

- We assist PROVINCES, MUNICIPALITIES, AND SECTORAL CHAMBERS in formulating their investment attraction strategies.

ADDITIONAL INFORMATION

In this section, you can find a link to the document published by the Argentine Agency for Investment and International Trade Promotion (AAICI), which provides an overview of doing business in Argentina.

CONTACT

For any questions or if you are interested in investing in Argentina, please contact the Consulate General by writing to secom_cgest@mrecic.gov.ar