In total, the company covers almost 6,000 kilometers of road corridors throughout the country. Its owner is, since 2024, José Luis Acevedo.
On the other hand, the Government also seeks to advance on the General Administration of Ports. The AGP was created in 1956, by decree-law 4263/56. Among its main functions are the exploitation, administration and maintenance of all sea and river ports in the countrywith the exception of those that are the responsibility of the National Maritime Prefecture and the National Customs Directorate.
Currently, the governing body for ports has 581 permanent employees. Its owner is Gaston Alejo Benvenutowho is in charge of the administration of the port of Buenos Aires and the Trunk Navigation System.
According to sources from the ruling party detailed to this mediumthe Government considers that these companies do a job “redundant“with organizations and ministries that already exist. In this case, they detailed that Road Corridors deals with the same areas as the National Highway Directoratewhile AGP duplicates the functions of the Secretariat of Ports and Navigable Waterways.
Under this justification of deregulating the State and under the discourse of improving efficiency in the use of state resources, the Milei administration leverages the work of the Ministers Caputo and Sturzenegger to advance the closure and/or privatization of companies in state hands.
The conflict with Aerolíneas Argentinas
For a few months now, the ruling party has had a strong conflict with the trade unions. airmen. Given Milei’s intentions to move forward with the privatization of the flag airline, the Association of Airline Pilots (APLAS) and the Argentine Association of Aircraft Pilots (AAA) In recent weeks, they carried out various measures – such as strikes or assemblies – in rejection of the President’s decision.
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@diego_domi
It should be noted that Argentine Airlines It was one of the companies included in the law Basis for declaring subject to privatization. However, after negotiations with the opposition, the ruling party He left it out of the final list.
However, and after numerous episodes of conflict, in the last week the Government declared as “subject to privatization” to the airline company. Through Decree 873/24 the national administration took the first step to get rid of the state company. Among the reasons, the Government assured that “the National Treasury is not in a position to maintain a highly loss making company“.
The decree entered the Chamber of Deputies on Wednesday, October 2, where it will continue to be subject to debate by the committees in the Lower House. It will be the parliamentary body that, in the coming weeks, defines the destination of the flag airline.
Closing of the Mint
The Mintcurrently chaired by Daniel Mendezis a public, industrial and commercial company, which depends on the Ministry of Economy and has more than 1,000 state employees currently. Its function is to mint coins, medals, and print banknotes, stamps, passports and official forms.
Just as I had anticipated Scope, The Government confirmed, last Thursday, October 3, that it will move forward with the dissolution of the Valores Sudamericana company, known as the former Ciccione, and will restructure the Mint. This was confirmed by the presidential spokesperson, Manuel Adorni, during his usual press conference. “A state printing press with severe inefficiencies that is responsible for printing banknotes, passports, car license plates and stamps”Adorni explained.
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Among its justifications, the Government assured that “the poor administration of the previous administration represented a true waste of resources with debts that today amount to US$371 milliona negative equity of US$78 million and a negative gross result of US$20,500,000“”. After the announcement, for the moment it was not detailed how many people will be laid off in the readjustment process.
The conflict over the closure of the Bonaparte hospital
Milei’s administration also targeted restructurings and closures in the public health sphere. In this sense, last Friday the workers of the Laura Bonaparte National Mental Health Hospital They reported that the Government decided to close the hospitalization service of the health center, as well as the guard. So far this year, more than 25,000 people were treated on site.
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@enluchaelbonaparte
As detailed to Scope Sources from the Ministry of Health, led by Mario Lugones, the process of closing the institution began. Along these lines, they indicated that the institution receives a budget of $16.8 billion and has a very low occupancyof about 30 patients, although hospitalization is not the central role of the Hospital.
The news generated strong rejection within the health field and hundreds of workers demonstrated at the door of the hospital, together with the support of Garrahan employees, to demand that Lugones’ decision be reviewed.
After days of conflict, last Monday the vice minister of health, Cecilia Loccisanoannounced this Tuesday that the Laura Bonaparte mental health hospital. Instead, it agreed with the state unions to open a working group with professionals and authorities to “ ensure the provision of services”, while advancing in a restructuring of the hospital.
The sale of ARSAT
Within the framework of the plan to reduce public spending, the Government announced, last Tuesday, the process of privatization of 49% of the shares of the state company ARSATdedicated to providing telecommunications, data transmission and television services through terrestrial, aerial and space infrastructure.
Its current president, Mariano Grecoconfirmed the decision of the ruling party in what was its participation in the “34th ATVC 2024 International Conference.” There, the official detailed: “At this moment we are in a process of reorganizing and enhancing the value of assets“.
Furthermore, the head of the company announced that the idea is for “private capital to enter the company and the modality will be to go public with a percentage of Class B shares.” In this sense, they detailed that the Class A are in State property.
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Argentine News Agency
“The idea of leaving with 49% for sale. We don’t know exactly what percentage, but yes, the idea is to go out. We are going to put into play the percentage of shares that is most convenient for the valuation of the company”Greco stated.
The announcement about the water works regulatory body
The deregulation and shrinking of the Statecarried out by the task of the ministers Caputo and Sturzeneggeradvance in all possible directions and areas. Last Sunday, October 13, the Minister of Economy confirmed that he is working on the suppression of the National Entity for Water and Sanitation Works (ENOHSA): “ ANDIt’s a den of corruption“Caputo stated.
ENOHSA was created in 1995 during the government of Carlos Menem. According to the information published on its website, the organization is responsible for “planning, executing and managing water and health infrastructure works throughout the country, while controlling the quality of drinking water and sanitation services.
Without details about its expenses or the number of employees to be fired, the Minister of Economy assured, in a television interview, that the organization was created to do “a job or two” but that after “the caste“could”find the way around“to make it one”box” of politics.
Transportation: the Government moves forward with the closure of DECAHF
Along these lines, another of the many company closure announcements that the Government has made in recent weeks, the national administration also confirmed that DECAHF, better known as Trenes Argentinos Capital Humano, will close. According to the ruling party, this will mean a saving of $42,000 million for the State.
The decision communicated also will involve the dismissal of 1,388 workers. DECAFH It was one of the 5 subsidiary railway companies of Trenes Argentinos. Its objective was “to design, organize, promote and carry out activities and technical assistance, advice, training, complementation, training, specialization, training and requalification and human resources management.”
At a press conference, the Secretary of Transportation, Franco Mogetta, explained: “we have taken determination and we have already completed closing DECAHFa railway company that did not operate trains and that had functions that were duplicated in other railway companies.” Furthermore, in the same announcement the Government added the closure of the Argentine Transport Institute (IAT).
The privatization of AYSA
Finally, in this stage of deepening the privatization and/or closure of state companies, the ruling party has one last candidate in its sights: This is Argentine Water and Sanitation (AYSA). Currently, the 90% of the company’s capital corresponds to the National Governmentwhile the remaining 10% is in the hands of the company’s staff.
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In this way, one of the strategies of the ruling party aims to get rid, in the near future, of a part of the shares it owns. This could be carried out under a national and international public tender for the sale of 100% of the company’s sharesas happened this week with Industrias Metalúrgicas Pescarmona SA (IMPSA), which was the first privatization of the government.
The company had losses of $70,000 million so far this year, and has more than 7,000 employees. Other options of the Government would be to launch the Stock market in March 2025and that it is the financial market that sets the value of the company’s shares.
Source: Ambito
