Without the intervention of Macri, they approve the extension of the Pan-American Concession and access to the west at Autopistas del Sol



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07-03-2018
The deal includes a new investment plan of over $ 7,312 million. President apologized for conflict of interest

After President Mauricio Macri apologized a few days ago to participate in the Renegotiation of Contract of Tolls with Autopistas del Sol ]

According to the decree 607 published in the Official Journal, the government approved renegotiation with the signature of Vice President Gabriela Michetti and the Minister of Transportation Guillermo Dietrich

The agreement includes a new investment plan for access of an amount exceeding $ 7.312 million, which will allow update the infrastructure of access and give a service

With this contract, the government put an end to a process that lasted 16 years and demanded concessions from both parties.

On the one hand Autopistas del Sol had to abandon the million trial that had begun at the World Bank Arbitral Tribunal (ICSID) against the country .

On the other hand, the state recognized an amount for work that has not yet been depreciated ] in addition to load the toll in the cabins that already exist in the road that runs north of the Conurbano.

According to concession figures, the road company has invested about $ 1100 million to build the track. Of this amount, US $ 539 million could not be recovered in those years when renegotiation was frozen.

This figure was subtracted from 40 million US dollars in fines whose final amount is from Autopistas del Sol is a company whose majority ownership is held by two European companies: the Spanish Abertis ( 31.59%) and the Italian Impregilo (19.82%)

of SIDECO, the Macri Group managed to hold 23% of the shares of the company. Although in May 2017 he sold his stake in the company, at the suggestion of the OA, the chairman apologized for intervening in the negotiation.

The measure was justified in stating that "the national government's main objective is to strengthen the fundamental pillars of the republican system and the confidence of citizens in the institutions."

In a decree of March 2017, signed after a strong controversy was triggered by the forgiving a multimillion-dollar debt that Correo Argentino a company related to the Macri family, has been with the state for years, and that it was mandatory for the highest officials to submit an "affidavit of interest".

This rule determined that "the official with jurisdiction to decide and for whom any of the links indicated in the above-mentioned decree has been declared must refrain from ntinuar intervening in the proceedings, which will be in charge of the officer to whom legally corresponds act in case of excusation. "

As part of the contractual renegotiation of Autopistas del Sol SA, the Anti-Corruption Office has recommended" l & rsquo; Intervention of the current President of the Nation in signing ad referendum of the contract. "

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