Lowers Barriers to Foreign Investment in Public Works

On 30 November 2016, Argentina passed a Public-Private Partnership (PPP) law to attract investment in productive activities, public infrastructure, housing, applied research and innovative technologies. The law regulates contracts between the state and the private sector for the development of projects under this format. The law covers commitments between the public and private sector, where a long-term partnership is built, with both agreeing to meet set goals and both benefiting. The law seeks to attract investments in productive activities, public infrastructure, housing, applied research and innovative technologies. It says that all procurement contracts for the provision of goods and services under PPP projects must contain at least 33 per cent of national components.

• Type:

  • Entry and establishment (Other)
  • Treatment and operation (Other)

• Industry:

  • Services (Construction)

• Sources:

  • Official Gazette, Ley 27328, https://www.boletinoficial.gob.ar/#!DetalleNormaBusquedaAvanzada/11513411/null, 30 Nov 2016
  • Business News Americas, Argentina signs PPP bill into law, http://www.bnamericas.com/en/news/infrastructure/argentina-signs-ppp-bill-into-law1, 30 Nov 2016
  • VOA News, Argentina Lowers Barriers to Foreign Investment in Public Works, http://www.voanews.com/a/argentina-lowers-barriers-foreign-investment-public-works/3599461.html, 16 Nov 2016