Sources from the Ministry of Economy anticipated Ambit that in the coming days the Government will address the plan. Depending on the initiative, resources from external financing will be mobilized, which have shown a low rate of execution. This medium revealed weeks ago that Massa received a harsh report from the National Auditor General’s Office that reported high levels of under-execution in programs with multilateral organizations.
From that light of alarm, the head of the Palacio de Hacienda decided to restructure the scheme and entrusted part of that task to the current Secretary of Development Planning and Federal Competitiveness. Neme will manage a plan that involves an investment of more than US$780 million. The more than $112,000 million correspond to twelve credit operations with six multilateral organizations.
Among the investment projects that have financing and were agreed upon with governors and mayors, there is a national irrigation plan, the promotion of new value chains in the Norte Grande and the development of other productive networks where large-scale projects such as Vaca Muerta are carried out.
The plan contemplates promote private investment through non-reimbursable contributions and bank loans. It will also provide technical assistance and training in productive innovation and international insertion. Along these lines, projects will be carried out with the provinces that will include the construction of public infrastructure such as electrification, roads, connectivity and irrigation.
“An industry with the capacity to provide high-tech goods and services to these new global businesses in development or to produce the capital goods that they demand will be the basis of a new social and productive map of Argentina,” Neme told Ámbito.
The projects
“Irrigated Agriculture” It is a project that will include initiatives in thirteen provinces of Argentina and that aims to value 21 production systems. This will imply the formulation and execution of public infrastructure projects and also the preparation of a strategic plan for each sector.
“We will be able to see, for example, with the fruit sector, projects to expand the irrigated hectares to be able to export a greater volume to new markets and productive investments will be able to be focused on other chains that need the State to accompany them to be more competitive, such as the goat and pig”, explained the undersecretary of Federal Management for Development, Pablo Sívori.
In the northern region, the aim is precisely to take advantage of the high degree of competitiveness that Argentina has due to the development of the agricultural sector to increase the supply of proteins. In the Government they understand that for logistical reasons in that area there are opportunities to expand meat production. As for the initiatives to strengthen large investment projects such as Vaca Muerta or the lithium triangle, the focus will be on promoting a supplier development plan that can supply central industries and substitute imports.
Source: Ambito
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