Argentina - Market OpportunitiesArgentina-market-opportunities
Energy: Oil & Gas. High quality shale resources and strong support from the Argentine government to encourage exploration and production in Vaca Muerta and elsewhere. Argentina is auctioning offshore exploration and production opportunities for the first time in decades.
Renewable Energy: Oversubscribed energy auctions from renewable sources continue to present medium and long term business opportunities.
Agricultural Technology and Machinery: Two-thirds of Argentina’s exports are agricultural. The depreciation of the Argentine peso coupled with a predicted stronger harvest in 2019 are expected to boost Argentina’s agricultural production, exports and investment in the sector.
ICT and Cybersecurity: The Government of Argentina is proposing a new telecom convergence law to increase competition and accelerate technology uptake. GoA estimates a $20B telecom investment over 4 years.
Design & Construction: Public Private Infrastructure Projects will be significant and have attracted the re-engagement of OPIC (Overseas Private Investment Corporation) in Argentina. The Inter-American Development Bank ($4.65B) and World Bank ($3.3B) have also committed funding for new roads, rail, ports and utilities. However, federal spending cuts and Argentina’s current high “country risk” level means $55 billion in planned PPP infrastructure projects (planned 2017- 2025) are currently on hold.
Healthcare Technology: The Government of Argentina is emphasizing efficient spending, accessibility, and modernization, including e-health through their National Healthcare Plan. The city of Buenos Aires plans to upgrade 14 hospitals. Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
Renewable Energy: Oversubscribed energy auctions from renewable sources continue to present medium and long term business opportunities.
Agricultural Technology and Machinery: Two-thirds of Argentina’s exports are agricultural. The depreciation of the Argentine peso coupled with a predicted stronger harvest in 2019 are expected to boost Argentina’s agricultural production, exports and investment in the sector.
ICT and Cybersecurity: The Government of Argentina is proposing a new telecom convergence law to increase competition and accelerate technology uptake. GoA estimates a $20B telecom investment over 4 years.
Design & Construction: Public Private Infrastructure Projects will be significant and have attracted the re-engagement of OPIC (Overseas Private Investment Corporation) in Argentina. The Inter-American Development Bank ($4.65B) and World Bank ($3.3B) have also committed funding for new roads, rail, ports and utilities. However, federal spending cuts and Argentina’s current high “country risk” level means $55 billion in planned PPP infrastructure projects (planned 2017- 2025) are currently on hold.
Healthcare Technology: The Government of Argentina is emphasizing efficient spending, accessibility, and modernization, including e-health through their National Healthcare Plan. The city of Buenos Aires plans to upgrade 14 hospitals. Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.