Feb 27 • 18:17 UTC 🇦🇷 Argentina Clarin (ES)

Cristóbal López, Roggio, Mindlin, and a public company led by Kicillof compete for another Milei privatization

The Argentine government received 15 bids for the privatization of 1,871 kilometers of national routes in a move aimed at reducing state funding for public works.

In Argentina, the government has received 15 offers for the privatization of 1,871 kilometers of national routes, marking a significant step in the second phase of the Federal Road Concessions Network. This initiative aims to decrease state expenditures on public infrastructure by transferring maintenance responsibilities to private firms. The move reflects a broader economic strategy under President Javier Milei's administration to encourage private investment without reliance on government subsidies.

Among the bidders are notable construction companies led by Cristóbal López (CPC), the Roggio family, and the Mindlin family (Sacde), along with AUBASA, a public company controlled by the current provincial governor, Axel Kicillof. This diverse group of prospective contractors indicates a keen interest from both established private corporations and public entities in reshaping the landscape of infrastructure management in the country. The privatization approach is part of a trend aimed at modernizing Argentina's public services through private sector involvement.

The implications of this development are significant, as it not only seeks to alleviate the financial burden on the government but also to optimize the maintenance and operation of vital roadways. This move will likely have repercussions for local economies, traffic management, and overall public infrastructure quality. As the government transitions toward privatization, the effectiveness of such policies will come under scrutiny, particularly in terms of accountability and service delivery post-privatization.

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