The data arose from an analysis of the Encuentro Foundation, which revealed that the Rigi, approved in 2024 as an engine of economic reactivation, It ended up consolidating as a scheme of extraordinary benefits “for existing projects.” In that line, they stressed, it did not generate new investments of magnitude or productive diversification.
The Rigi only generated 0.5% of the investments announced
Among the main findings and surveys of the report, the Foundation stressed that the Government promised US $ 50,000 million in investments but, to date, only US $ 8,572.8 million were approved, that is, just 17.1% of the projected.
Now, if only the projects after the rigi are counted, the figure is reduced by Au $ 255 million, that is just 0.5% of what is announced. Of the seven approved projects, Six were already underway or had been announced before.
As for strategic sectors, only four projects were approved of the eight total: oil and gas; energy; Mining and Siderurgy. For its side, tourism, forestoindustry, technology and infrastructure were out.
The Direct foreign investment In 2025 it was negative, of -u $ s 1,679 million, “which shows that there was no investor boom,” says the text.
While when approved it was defined as “a regime to subsidize the greats”, the report concludes that the rigi “did not attract new capital, but that It worked as a transfer of fiscal resources to companies that already had their determined projects”
An example they offer is YPF, which participates in three of the seven approved projects, two of them directly linked to Vaca Muerta.
The meeting foundation warns that “Argentina does not lack productive projects, but public policies that prioritize added value, employment and productive chains ”.
Government approved Rigi projects for US $ 13,067 million presented by US $ 33,876 million
The Government approved adhesion to Incentive regime to large investments (Rigi) of energy and mining projects by u $ s13.067 million, of those presented by a total of U $ S33,876 million.
This figure was officially revealed by the Chief of Cabinet of the Nation, Guillermo Francos, In his last exhibition against Congressand updated by this means. The amount implies that one year after the launch they were approved 35% of the initiatives: seven received the approval, one was rejected and another 12 are still in evaluation.
In the energy and mining sectors they ensure that although the Rigi continues to consolidate as a tool to attract strategic capitals to the Argentinait is estimated that The Executive Power must extend for one more year the validity of the regime that expires on July 31, 2026to give treatment to the projects under evaluation.
Sector sources trusted Energy Report that at least seven other projects are preparing their proposals to take them to the Treasury Palace.
Source: Ambito
