Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities.
Long-term prospects for Argentina’s shale gas and oil development will continue to drive investment in the Neuquen Basin, home to Vaca Muerta. Offshore exploration opportunities are likely to arise in the medium/long term.
Argentina features an ambitious mining plan aiming at increasing exports over the next decade, particularily in copper, lithium, gold, and silver. Argentina’s mining sector presents a reliable legal and tax framework, which feature incentives for industry development.
While the current elevated country risk and scarce access to financing have put several projects on hold, the government continues to explore ways in which it can fund much needed critical infrastructure projects. The government of Argentina has identified priority projects which include the construction of pipelines for hydrocarbon transport, railway modernization, and expansion of existing power transmission lines, as well as mining sector related logistics infrastructure.
Agricultural Technology and Machinery
High international commodity prices, government plans to boost agricultural exports, and strong international demand point to an increase in production, exports, and investment in the sector.
ICT and Cybersecurity
The Government of Argentina’s digital agenda for 2020-2023 is laid out in the ConectAR plan. The approximately $475 million plan is focused on four areas: expanding fiber optic networks, developing a national data center, improving the satellite system, and enhancing digital television service.
The Government of Argentina’s health agenda is focused on cost containment, accessibility, and modernization, including e-health. The market is gradually re-focusing on non-COVID-related purchases.