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

[BuySellBA]

More and more companies will start investing in Argentina, especially once the CEPO (currency controls are lifted). Once companies like Salesforce and others come it will be a snowball effect bringing more and more. This will create tons of new higher paying jobs.


In an encounter during the World Economic Forum 2025 in Davos, Marc Benioff, CEO of Salesforce, announced to Argentine President Javier Milei a $500 million USD investment in Argentina. This announcement came moments before Milei was set to begin an interview with John Micklethwait, Bloomberg's editor-in-chief.

Salesforce, a global leader in cloud-based enterprise software solutions, plans to:

-Invest $500 million in Argentina
-Hire 1,000 people to boost sales of Artificial Intelligence products
-Develop local talent and the AI ecosystem in the country

This investment aligns with the Milei government's objectives of:

-Attracting foreign capital to strategic sectors such as technology and artificial intelligence

-Positioning Argentina as a regional technology hub

The knowledge economy sector in Argentina has shown resilience, with service exports reaching $8.104 billion in 2023, a growth of 2.9%.

Experts point out that to capitalize on these opportunities, Argentina needs to:

Improve the business environment and reduce economic uncertainty

Ensure long-term policy stability

Strengthen human talent and improve access to resources such as English language skills

It is projected that the sector could reach annual exports of $30 billion, depending on improvements in macroeconomic conditions and the regulatory
environment.

This investment by Salesforce represents a significant vote of confidence in Argentina's potential as a center for technological innovation and AI development in the region.

https://twitter.com/x/status/1882381808953667908

 

[earlyretirement]

The Chilean company Cencosud has expanded its investments in Argentina by acquiring the Makro and Basualdo supermarkets for $122.5 million.

This transaction allows Cencosud to enter the wholesale market, known as Cash & Carry, through 28 stores operating in 12 cities and 10 provinces across Argentina, including Buenos Aires, Santa Fe, and Córdoba.

Cencosud already has a significant presence in Argentina, where it operates brands such as Jumbo, Easy, Disco, and Vea, as well as shopping centers like Unicenter and Portal.

This acquisition strengthens its position in the Argentine market and creates opportunities for synergies with its existing operations.

Additionally, Cencosud has made other significant investments in Argentina in the past, such as acquiring the majority of shares in Jumbo Retail Argentina and purchasing part of Disco S.A.

These actions reflect the company's confidence in the Argentine market and its expansion strategy in the region.

Summary of Cencosud's Investments in Argentina

Acquisition of Makro and Basualdo: $122.5 million to enter the wholesale market.

Owner of Jumbo, Easy, Disco, and Vea: Recognized brands in the Argentine market.

Unicenter and Portal Shopping Centers: Prominent shopping destinations in the country.

History of Acquisitions: Includes purchasing shares in Jumbo Retail Argentina and Disco S.A.

These actions consolidate Cencosud as one of the major players in the retail sector in Argentina and South America.

 

[Uncle Wong]

The Chilean company Cencosud has expanded its investments in Argentina by acquiring the Makro and Basualdo supermarkets for $122.5 million.

This transaction allows Cencosud to enter the wholesale market, known as Cash & Carry, through 28 stores operating in 12 cities and 10 provinces across Argentina, including Buenos Aires, Santa Fe, and Córdoba.

Cencosud already has a significant presence in Argentina, where it operates brands such as Jumbo, Easy, Disco, and Vea, as well as shopping centers like Unicenter and Portal.

This acquisition strengthens its position in the Argentine market and creates opportunities for synergies with its existing operations.

Additionally, Cencosud has made other significant investments in Argentina in the past, such as acquiring the majority of shares in Jumbo Retail Argentina and purchasing part of Disco S.A.

These actions reflect the company's confidence in the Argentine market and its expansion strategy in the region.

Summary of Cencosud's Investments in Argentina

Acquisition of Makro and Basualdo: $122.5 million to enter the wholesale market.

Owner of Jumbo, Easy, Disco, and Vea: Recognized brands in the Argentine market.

Unicenter and Portal Shopping Centers: Prominent shopping destinations in the country.

History of Acquisitions: Includes purchasing shares in Jumbo Retail Argentina and Disco S.A.

These actions consolidate Cencosud as one of the major players in the retail sector in Argentina and South America.

Seems very bullish that more companies are expanding their investments in Argentina.