Argentine gov't to privatize major cargo railway line

Argentine gov't to privatize major cargo railway line

Argentine President Javier Milei has signed the decree ordering the key cargo railway Belgrano Cargas y Logística S.A. line privatized, Presidential Spokesman Manuel Adorni confirmed. "President Javier Milei has just signed the decree that initiates the process of total privatization of the Belgrano Cargas y Logística S.A. company," he wrote on social media. The Argentine State "will cease to be the operator of the cargo railway services and all…

Finally, tomorrow will be published the decree that starts the total privatization of the company Belgrano Cargos y Logística SA, which operates the freight lines of the railways Belgrano, San Martín and Urquiza. Specifically, the text will formalize the scheme according to which the three lines will be tendered separately and there will be seven tenders for each line to stimulate the competition and the entry of new players to the system.

The Government of Argentina has decreed on Saturday an order approving the process of “total” privatization of the state-owned railway transport company Belgrano Cargos y Logística S.A., according to the spokesman of the Trasandina nation, Manuel Adorni.“President Javier Milei has just signed the decree that begins the process of total privatization of the company Belgrano Cargos y Logística S.A. The State will cease to be an operator of the rai…

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The president signed the norm that will start the process of privatization of the state company in charge of the logistic transport in the railway system. The measure had been announced in October 2024

President Javier Milei began the process of total privatization of the company Belgrano Cargos y Logística S.A., as set out in Decree 67/2025, published this Monday in the Official Gazette. The norm authorizes the privatization of the company through a vertical disintegration, separating its business units and applying different mechanisms for its transfer to the private sector. The rolling stock will be auctioned at a public auction, and the fu…