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The United States approved a $ 813 million loan to Argentina



Before the G-20 Summit to be held this weekend in Buenos Aires, the United States Government he granted a loan to Argentina to promote investment in the country.

Chancellor Jorge Faurie signed a letter of intent on Wednesday afternoon under the leadership of Palacio San Martín with a foreign private investment corporation (OPIC for its acronym in English), which was arranged as a target provide funding of $ 813 million and expects them to be mobilized as a whole more than $ 3,000 in investment infrastructure, renewable energy and logistics.

The ceremony was attended by Ambassadors Edward Prado of the United States; Fernando Oris de Roa, from Argentina; Dante Sica Minister for Production and Labor; Energy Secretary Javier Iguacel; and Transport Minister Guillermo Dietrich.

"This signing of the agreements is an extremely important proof of confidence in the bilateral relationship between our countries," said Faurie during the event held at the Golden Hall of the Palace.

Chancellor Jorge Faurie confirmed that the United States would give Argentina $ 813 million in loans.
Chancellor Jorge Faurie confirmed that the United States would give Argentina $ 813 million in loans.

The Foreign Minister also emphasized that this kind of investment in Argentina is crucial. "We are very interested in participating and financing PPP projects," he added.

With these intent protocols that make up preliminary preliminary agreementOPIC will carry out the technical assessments needed to pay money.

The US government financial institution, which supports companies seeking access to emerging markets, has a capital of $ 29 billion and projects are being implemented in more than 100 countries.

Signed Letter of Intent

Road Corridor C PPP project (Buenos Aires-Mendoza): USD 250 million. Company: Astris Infrastructure.Ullum I, II and III solar energy project and Chubut Wind Project III III and IV: USD 118 million. Company: Genneia S.A.Vaca Muerta Gas Pipeline Project – San Nicolás: USD 350 million. Company: Tecpetrol and Transportadora de Gas del Sur.Cañadón León wind generator project (Santa Cruz): USD 50 million. Company: YPF Luz.Logistics Park Extension Project (Buenos Aires Might): $ 45 million. Company: Plaza Logística SRL.


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