The Government has made changes to RIGI and created a “dedicated branch” to ensure the scheme’s incentives are used appropriately and efficiently.
The Government modified the rules for the Large Investment Incentive Regime (RIGI) via decree. In particular, it is aimed at companies that wish to expand existing projects, but that had not initially joined the scheme that seeks to attract investments to the country.
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It should be remembered that this promotional scheme is designed to stimulate large investments in the country, providing economic incentives, legal stability and an efficient system to protect acquired rights to those projects that meet the established requirements.


In that framework, the decree 1028/2024 published this Friday in the Official Gazette modified the article 60 of the regulations. It was replaced to specify the conditions under which an extension of a pre-existing project can benefit from RIGI. These modifications include:
Requirements to qualify as RIGI beneficiaries
- The expansion project must comply with all the requirements established in the regime.
- It must equal or exceed the minimum investment amount required for the corresponding sector.
- The incentives will apply only to the expansion and not to the original project.
Creation of a “Dedicated Branch”
- The owner of the pre-existing project must establish a specific branch to manage the expansion.
- This branch will have as its sole purpose the execution of the expansion, allowing the incentives applied to the new development to be differentiated.
Separation of benefits and infrastructure
- Although infrastructure and assets may be shared between the original project and the expansion, this will not affect eligibility for incentives.
- Only production that exceeds the installed capacity of the original project will be considered.
Dispute resolution
- The applicant must accept the mechanisms provided for in Law No. 27,742 to resolve disputes, including the RIGI Panel.
- There is the possibility of proposing alternative conflict resolution mechanisms
As mentioned in the official text, the objective of these modifications is “to encourage new investments through a clear and transparent framework”, avoiding conflicts between original projects and extensions. This ensures that incentives go exclusively to developments that expand productive capacity and comply with RIGI guidelines.
The decree also seeks to strengthen investor confidence by establishing precise rules and dispute resolution mechanisms that guarantee legal security in investments made under this regime. The change comes into effect upon its publication in the Official Gazette.
Source: Ambito

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