The Minister of Infrastructure Guillermo Ferraro, met this Thursday with representatives of the Infrastructure Policy Council to begin to outline the participation scheme of the companies in the execution and financing of large plays.
Authorities from the UOCRA, the UIA, ADEBA, the Rural Society, the Construction Chamberthe Chamber of Commerce and Services (CAC) and the Buenos Aires Stock Exchange. Ferraro conveyed to the CPI leaders that the objective is that the works be undertaken by the private sectorwith the possibility of charging a future fee to users to recover the investment.
Private initiative, Javier Milei’s model for works
“There are great possibilities to update the existing infrastructure in fallen concessions with precarious tenures that have caused a severe process of disinvestment. To these opportunities, Calls will be added for the presentation of new private initiative projects. “What we are proposing is a change in the role of the State so that it acts as a promoter and facilitator of large infrastructure works throughout the country,” he said. Ferraro.
The minister told those present that to implement the new scheme, changes will be necessary in the current legislation that include incentive programs for infrastructure investment projects based on a new private initiative scheme.
Gustavo Weiss, President of Camarco, celebrated the call and assured: “We infinitely value this call because the objective of the CPI is to work together with the authorities on duty and that three days after taking office they call us to this meeting, it is music to the ears. From now on we are 100% in agreement on working together from tomorrow”.
To its turn, Gerardo Martínez, secretary general of the UOCRA, valued the meeting and assured that “we have a proposal in line with the interests of the Nationwhich together with this great strategic alliance that we have with the Chamber of Construction and the members of the G6, gives us the opportunity to be seated at this table, having the opportunity not only to be there, but also to give our opinion and propose.”
The president of the UIA, Daniel Funes de Rioja, also rescued the initiative and assured that “looking at the country federally is something that we consider essential, due to the deterioration of the framework. Furthermore, the role and private sector participation, which I thank in advance, is something that we have been demanding. “This is an opportunity to fulfill it and, the truth is, we have to do it.”
At the meeting, Minister Ferraro presented who will be his Transportation Secretaries, Franco Mogetta, of Public Works, Luis Giovine, of Housing and Habitat, Hector Lostri and Communications and Connectivity, Ignacio Cingolani; who will participate in future CPI technical tables in their respective areas.
Luis Caputo announced that they will not tender new public works
Inside of the package of measures focused on the adjustment of the public spending, the Minister of Economy, Luis Caputo, announced days ago that will put an end to tenders Public Works from now on. In addition, unstarted projects will be cancelled.
“The National State is not going to tender any more new public works, and is going to cancel approved tenders whose development has not yet begun,” said Minister Caputo and added: “The reality is that there is no money to pay for more public works which, as all Argentines know, often end up in the pockets of the politicians or businessmen on duty. Public works has always been one of the sources of corruption in the State and with us that ends.”
Regarding the future model of public works development, the head of Economy announced that they will advance with the private works project: “Infrastructure works in Argentina will be carried out by the private sector, since the State does not have money or financing to carry them out.”
Source: Ambito
