The Federal Council of the Argentine Chamber of Construction met in Paraná, in the midst of a deep crisis in the activity.
He Federal Council of the Argentine Chamber of Construction (CAC) showed its concern for the crisis in the sectorthe aggravation of the debt in infrastructure and the increase of the “Argentine cost”. In that frame, proposed a 20 -year work plan that contemplates the debt in infrastructure and understands the item as a key actor for national development.
The synthetic indicator of construction activity (ISAC) contracted almost 2% monthly in July and still finds a 21% below November 2023when Javier Milei’s government started and public works were paralyzed.
Also, from the LCG consultancy they highlighted that Future projection worsened For both companies that carry out public works and for those dedicated to private works due to “greater financing costs, greater macroeconomic uncertainty in electoral months and no expectations of an expansion of consumption.”
Infrastructure debt and Argentine cost
In that framework, The Federal Council met in the city of ParanáEntre Ríos, to discuss possible exits to this deterioration of the activity.
“The arrest of public investment in infrastructure generates economic losses, slows essential services, compromises competitiveness and increases infrastructure debt. It is not just public projects: private construction is also paralyzed, deepening the impact on employment and economy. When the construction stops, the entire productive network is resent“They warned.
At the meeting, the provincial delegations of the CAC placed emphasis on the “deteriorated routes, obsolete energy, ports without modernization, which, which They raise the Argentine cost, subtract competitiveness, limits regional development and compromises the productive future“
“The social infrastructure – homes, hospitals, schools, water and sanitation – is essential to guarantee rights and boost the economy. However, the contracts or debts of the State have not been resolved with companies for projects already executed.”
Entrepreneurs ask for a federal work plan at 20 years for construction
Faced with this gloomy panorama, the Council proposed “a Federal Labor Plan with a 20 -year -old horizonwhich includes: reactivation of advanced works, debt recognition, design and planning of the necessary infrastructure, mixed financing mechanisms, stimulus to real estate development and mortgage loans, transparency in the management and promotion of formal employment. “
“The builders throughout the country reiterate their commitment to Argentina: they want to be part of the solution and recover infrastructure as a tool for transformation and development,” they said.
Source: Ambito
