Argentina 'can attract' investors

Luis Caputo, Argentina’s Minister of Finance, has said that the country is getting ready to boost P3s.

Caputo said that Argentina is now ready to bring in new investment into the country.   

“We have been working to recover the confidence of the world for almost two years, doing the work that needs to be done to be a predictable economy, attractive to investors and with sustained growth,” he said at a general meeting of ministers of finance.   

Among the changes carried out over recent years, Caputo referred to “promoting credit, the reform of the capital market and creating sufficient predictability conditions to build a reliable alliance between the public and private sectors to be able to promote infrastructure respecting the fiscal constraints”.   

Argentina's economy is expected to grow 3% this year and 3.5% in 2018. The country has presented a $21bn pipeline of infrastructure projects including energy and mining; transport, communication and technology; water, sanitation and housing; and education, health and justice.