According to presidential spokesman Manuel Adorni, the decision was made “due to a deficit of 30 million dollars.”
The Government confirmed this Thursday that it will privatize the state company Corredores Viales SA (CVSA), the main person in charge of maintaining 13 of the most important highways and routes in the country. At the moment, it has 3,565 workers hired in white and It covers 6,000 kilometers throughout Argentina.
The news was confirmed by the presidential spokesperson, Manuel Adorniwho also specified that it will be done through an international bidding process.
“The Government decided to transfer the management of national routes to the private sector, currently under Corredores Viales Sociedad Anónima, due to a deficit of 30 million dollars and non-compliance with operating standards.” In this regard, he pointed out that the company’s loss was financed with funds from the National Treasury until last December. However, the administration of Javier Milei eliminated these transfers and tariff increases were applied to cover that gap. In any case, the official spokesperson pointed out that the firm did not comply with the minimum operation and maintenance standards.
Adorni added: “The companies that finally become concessionaires They will only collect the award fee once they have put the entire route in condition. In this way, it is estimated that the State will have a savings of US$5.6 billion“he highlighted.
The measure occurs within the framework of cuts by the Ministry of Deregulation and Transformation of the State, which continues with the closures and privatizations of State companies, as was the case of Trenes Argentinos Capital Humano or the Casa de la Moneda.
The Government closed the state company DECAHF and laid off 1,388 workers
In line with this decision, the Government had announced days ago the closure of the state company DECAHFbetter known as Argentine Trains Human Capital. The measure means, according to the libertarian administration, a savings of $42,000 million for the State and implies the dismissal of 1,388 workers.
At a press conference, presidential spokesperson Manuel Adorni and Transportation Secretary Franco Mogetta presented the reasons for the closure of the state train company. “We are reducing spending on the way to reducing the deficit at the direction of the President“, highlighted the officials of Javier Milei’s Cabinet.
Source: Ambito
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