First time in 11 years that Argentina is back on Kearney Foreign Direct Investment Confidence Index of most reliable countries for foreign investments

[BuySellBA]

Argentina hasn't made the list since 2013. Foreign investments are going to surge this year and for the next few years. Argentina should jump ahead several spots next year. You can read the full report here:

https://www.kearney.com/service/global-business-policy-council/foreign-direct-investment-confidence-index/2024-full-report

 

[earlyretirement]

For sure foreign investment should explode in Argentina with Milei as President. He is meeting with Elon Musk in a few days in Texas. Imagine if Tesla invests in Argentina. The other companies will follow.

 

[Betsy Ross]

It is exciting to finally see someone like President Milei clean up house and end a lot of corruption. Probably impossible to totally end but never thought I would see some of the things going on in Argentina. 🥳🥳🎉🎉

 

[import export]

For sure foreign investment should explode in Argentina with Milei as President. He is meeting with Elon Musk in a few days in Texas. Imagine if Tesla invests in Argentina. The other companies will follow.

Very true. First time in a while that several colleagues in the oil industry are telling me they are heading back to Buenos Aires for work meetings. It has been a while but companies are looking to enter Argentina now.

 

[Finance Prof]

Very true. First time in a while that several colleagues in the oil industry are telling me they are heading back to Buenos Aires for work meetings. It has been a while but companies are looking to enter Argentina now.

Looks like your colleagues were correct! After the Omnibus law passed tons of investments! 5 Projects valued at over USD 39 Billion in investments. This will bring thousands of jobs to Argentina.

-YPF-Petronas US$ 30 billion
-BHP/Lundin (copper) US$ 5 billion
-BHP/Lundin (copper) US$ 3 billion
-TGS (gas pipeline) US$ 700M
-Sidersa (metallurgical) US$ 300M

 

[Betsy Ross]

Looks like your colleagues were correct! After the Omnibus law passed tons of investments! 5 Projects valued at over USD 39 Billion in investments. This will bring thousands of jobs to Argentina.

-YPF-Petronas US$ 30 billion
-BHP/Lundin (copper) US$ 5 billion
-BHP/Lundin (copper) US$ 3 billion
-TGS (gas pipeline) US$ 700M
-Sidersa (metallurgical) US$ 300M

That passing of the Omnibus was huge. It opened the door for many foreign investors to come into Argentina. Only thing that is a negative is things here will get expensive again.

 

[Digital Nomad]

That passing of the Omnibus was huge. It opened the door for many foreign investors to come into Argentina. Only thing that is a negative is things here will get expensive again.

Yes my girlfriend's father is in finance here and he said that things are going to explode here. If you research it used to be $1 dollar = 1 Peso and it was very expensive here. It could go back to that. I am trying to rush and buy a place here before prices keep going up.

 

[Larry]

Yes my girlfriend's father is in finance here and he said that things are going to explode here. If you research it used to be $1 dollar = 1 Peso and it was very expensive here. It could go back to that. I am trying to rush and buy a place here before prices keep going up.

It is true that Argentina will probably get very expensive again.

 

[Billy Goat]

Looks like your colleagues were correct! After the Omnibus law passed tons of investments! 5 Projects valued at over USD 39 Billion in investments. This will bring thousands of jobs to Argentina.

-YPF-Petronas US$ 30 billion
-BHP/Lundin (copper) US$ 5 billion
-BHP/Lundin (copper) US$ 3 billion
-TGS (gas pipeline) US$ 700M
-Sidersa (metallurgical) US$ 300M

None of this would have happened without the Omnibus law passing. People can see what happens once President Milei is able to put forward his ideas. Foreign investments are key to Argentina's success.

https://twitter.com/x/status/1819064568867385480

 

[Uncle Wong]

That passing of the Omnibus was huge. It opened the door for many foreign investors to come into Argentina. Only thing that is a negative is things here will get expensive again.

Yep. Companies are flat out saying that without it, no way they would invest. And the bonehead Axel Kicillof is seeing how going against it cost him big time.

YPF chooses Río Negro, not Buenos Aires Province, for new LNG plant

Bahía Blanca was one of the areas being considered to house the ambitious project which will require between US$30 billion and US$50 billion; Decision is a major blow for nation's most populous region.

www.batimes.com.ar

 

[Opera Fan]

It is true that Argentina will probably get very expensive again.

I also fear this. I do want to see things improve for the country and locally but my biggest fear is that as the country improves things will become very expensive here. I wonder if prices here will ever be priced in dollars again like previously when it was very expensive here. If that happens, I would potentially be priced out here. And so would others that are operating on fixed incomes or social security payments.