Argentina Country of investments. Argentina Area: 2.780 km 2 Population: 41,1 million GDP: 307 billion USD (in 2009) x 326,8 bil.USD (2008)‏ GDP per capita:

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Presentation transcript:

Argentina Country of investments

Argentina Area: km 2 Population: 41,1 million GDP: 307 billion USD (in 2009) x 326,8 bil.USD (2008)‏ GDP per capita: USD (in 2009) USD (2008)‏ Export: 55,8 billion USD (2009) x 70 billon USD (2008)‏ Import: 38,8 billion USD (2009) x 57,4 billon USD (2008)‏ FDI: 4,9 billon USD (in 2009) x 9,7 billon USD (2008)‏ Fastest growing economy in Latin America –Six consecutive years of rapid economic growth at an acumulated rate of 8,5% per year (6% in the first months)‏ –Reduced impact of the Global Crisis comparing to other countries Argentina is negotiating right now the payment of the rest of its external debt (29 billon USD)‏

Selected economies: GDP growth These data reflect the pre-crisis time

Argentina High profitability reassures big players to increase their commitment and attracts more leading companies to invest in Argentina Top 50 transnational Corporations with a presence in Argentina

Recent firms en Argentina

CNG en Argentina 1983: The New democratic Government implements a new National Fuel Policy – National Liquid Fuel Substitution Program – Creation of a Government Technical Group – Adoption of Technical Standards – Involvement in the initial investments in equipment and marketing

Factors causing rapid public acceptance: Good price differential against the gasoline Long experience with Natural Gas Strong Natural & Industrial Gas Industry Early involvement of NGV Association Wide Natural Gas Distribution Network

Gasoducto Norte Gasoducto Centro Oeste Gasoducto Gas Andes Gasoducto Neuba II Gasoducto Neuba I Gasoducto San Martin Gas distribution system in LA

Regular Gasoline 4% Gasoline Super/Ultra 16% NGV 17% Diesel 63% Combustible in Argentina

Cidegas - Vitkovice Successfull Czech Investment Case in Argentina in 2006

Perspective sectors Automotive Biofuels Biotechnologies Software and IT technologies Food and beverages Creative industries (publishing, music and audiovisual industries, design, advertising)‏

Why invest in Argentina Solid foundations for sustainable growth and profitability Highly skilled, innovative and entrepreneurial labor force Abundance of natural resources, biodiversity and environmental sustainability Access to a large regional market and a springboard to the world Diversified economy to meet global market needs Rich cultural heritage and remarkable quality of life Quality connectivity and extensive infrastructure Publice sector supportive of investement

Sources Prosperar Florida 375 Piso 8 B Ciudad Autónoma de Buenos Aires (C1005AAG) Tel: (54 11) Centro de Economia Internacional – CEI Esmeralda 1212 Piso 2° Of (201)C1007ABR Ciudad Autónoma de Buenos Aires Cámara Argentina de Gas Natural Comprimido

Thank you for your attention! Ruben Vallejo Argentine Embassy Any questions please send to: