Alberto Fernández: the presidential request to 18 investment funds

In order to obtain foreign investments, President Alberto Fernandez this morning encouraged 18 investment funds to “turn their gaze to Argentina”, because the country offers “many opportunities” for development. Vaca Muerta as the second largest shale gas reserve in the world, lithium exports and agro-industrial production are among those mentioned.

“We need foreign investments that invest in work, risk, produce and earn ”declared the Head of State from the Olivos residence, by videoconference. For this reason, he underlined the multilateral policy and the role of the country in the regional Mercosur bloc and expressed his hope that “Latin America will open up to the world and to other investors”.

He also referred to the development of agro-industry and expressed optimism that the country would become a global food producer, although he noted that “What is lacking are the investments that these industries are putting in place” to produce local primary production.

“Argentina is a country that does not treat foreign investors differentlyIn other words, foreign investment in Argentina receives exactly the same treatment as local investment. Therefore, we think this is a good opportunity to think about Argentina at the moment, ”he said in his speech.

The activity was coordinated by the CEO of the Russian Direct Investment Fund, Kirill Dmitriev. The Minister of the Economy, Martín Guzmán, and the presidential adviser Cecilia Nicolini also participated.

At the same time, Guzmán assured that Argentina, after three years of recession, is “the economy which is recovering the most rapidly in the whole continent” and indicated that The government expects gross product growth of 7% for 2021. “We are establishing this as a basis, and along with this we are starting to see a recovery in employment and a strengthening of public accounts,” Guzmán added.

Continuing his presentation, the Minister recalled that the country is a member of the G20 and expressed his wish that all the States of the world have “a more inclusive, more resilient world economy with more dynamism and stability “.

In addition to the Russian Fund, the meeting was attended by representatives of investment funds from United Arab Emirates, Saudi Arabia, United States, China, Japan, Bahrain, Singapore, Kuwait, Italy , Oman, India, Brazil, Thailand and Azerbaijan. .

“We are very interested in developing our partnership with Argentina. The 15 partners of the Russian Direct Investment Fund, which represents the administration of more than $ 5 billion, have undertaken projects with us in Russia and other markets, and have expressed interest in using their potential and their experience for joint projects with Argentina, “said Dmitriev.

THE NATION

More information