The businessmen grouped in CAMARCO have just declared the sector in a “state of emergency.” They claim that there are more than 3,000 works stopped and that the payment chain has been cut. They ask the authorities for an urgent solution.
CAMARCO represents companies that generate more than 500,000 jobs, directly “with a great multiplier effect on employment and the general economic activity of more than 140 productive sectors, of great relevance throughout the national territory.”
The construction entrepreneursgrouped in CAMARCO, have just declare the sector in a “state of emergency”. They did so at the extraordinary meeting of the Federal Council that was convened this week. They warn that the future of 1,400 companies and 200,000 jobs is at risk. The entity demanded from the national and provincial authorities “a very short-term solution to the problems raised.”
The body of the business chamber that called the meeting is made up of Councilors from the different provinces. In this framework, they raised the problems that the sector addresses and that many of them classified as “terminal in nature.” Then They issued a harsh statement in which they indicated that “if the current serious situation persists, it will have irreversible effects on the sector in particular and the economy in general.”
On this point they specified that The paralysis of public works throughout the country puts the activity of 1,400 companies and more than 200,000 jobs at risk. Along these lines, they demanded from the national and provincial authorities “a very short-term solution to the problems raised.” Businessmen claim that there are more than 3,000 paralyzed projects throughout the country and warn of a “break in the payment chain.”
“Across the country, the danger of mass layoffs, halving or less of staff, the bankruptcy of countless construction companies and their suppliers is imminent. The sector cannot endure more than a few weeks in these conditions,” says the text that Ámbito was able to access, which explains the reasons for the emergency declaration.
It is in this context that the Federal Council of the Argentine Chamber of Construction “instructed the authorities of the Institution at the national level and the different Delegations to adopt the measures they deem necessary, to obtain, in a very short period of time, the solution to problems specific aspects such as the definition of the contracts that will be continued, and the readjustment of these in terms of prices, terms and debt.”
CAMARCO represents companies that generate more than 500,000 jobs, directly “with a great multiplier effect on employment and the general economic activity of more than 140 productive sectors, of great relevance throughout the national territory.”
Source: Ambito
