Argentina is recognized as a country endowed with significant natural resources; however, it is also important to highlight that it has a highly skilled population and a well-established industrial and technological base. In a global context characterized by mobility and redefinition, these attributes are further strengthened and enhanced.
The global value chains that shaped the world trading system in recent decades have been called into question, as unforeseen health conditions or geopolitical conflicts have structurally impacted their operating logic.
Within this context, Argentina is called upon to play a decisive role, as it possesses fundamental resources to address global challenges related to both food and energy security, while at the same time fostering the development of its society.
Supported by its endowment of natural resources and the human capabilities required to transform them, we are convinced that Argentina can expand and strengthen its integration into global value chains. This process assigns a key role to foreign direct investment (FDI), encouraging it not only to focus on the extraction of natural resources, but also to contribute to the development of local productive capacities and value-added linkages, generating both the quantity and quality of employment necessary to ensure sustained growth.
Argentina has an extensive territory, with 53% of its surface suitable for cultivation, and is a leading exporter of a wide range of agricultural and food products to highly competitive markets such as the United States, Canada, Europe, China, and Japan. It also possesses highly relevant mining and hydrocarbon areas with remarkable growth potential. Likewise, Argentina has 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.
In addition, Argentina has highly qualified human resources, an extensive network of scientific research centers, and universities that rank well internationally, with more than 110,000 university graduates per year. It is also the leading country in Latin America in terms of English proficiency.
Similarly, Argentina offers extensive infrastructure that enables a federal production network, with ports and access points for the entry and exit of goods located throughout the country.
From the first days of the current administration, a path was initiated aimed at creating favorable conditions for attracting and facilitating investments that drive Argentina’s economic growth. This commitment was reflected early on through Decree No. 70 of December 2023, which sought to eliminate trade barriers and restrictions, reduce the regulatory burden, and establish conditions that ensure business profitability.
The economic program of President Milei’s administration is based on a pro-market agenda that has succeeded in stabilizing the foreign exchange market, reducing inflation, guaranteeing legal certainty for investors, fostering a favorable climate for private initiative, and promoting transparent and predictable rules for companies that choose to invest in Argentina.
This course of action was further reaffirmed and expanded, with a particular emphasis on encouraging investment in dynamic and strategic sectors that drive the national economy, through the establishment of the “Incentive Regime for Large Investors” (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 force until July of this year and extendable for an additional year (until July 8, 2027), is aimed at projects involving investments exceeding USD 200 million. Its objective is to create conditions of predictability, stability, and legal certainty for such projects, providing for the development of local production chains and establishing special protection against potential breaches by the State. Accordingly, the RIGI offers tax, customs, foreign exchange, regulatory, and jurisdictional incentives, as well as regulatory stability for thirty years, for projects in eight strategic sectors: forestry and forest-based industries, tourism, infrastructure, mining, technology, steelmaking, energy, and oil and gas. The benefits provided under the RIGI are increased and extended to up to 40 years for projects involving investments exceeding USD 2 billion.
If you require investment-related advice from this Embassy, please write to us at: edina.secom@mrecic.gov.ar