Milei begins highway privatization process in Argentina - Global Happenings

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The presidential spokesman, Manuel Adorni, assured this Friday in press conference that the participation of the private sector in the company Corridores Viales Sociedad Anónima

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Milei begins highway privatization process in Argentina - Global Happenings

Government also received authorization to privatize other state -owned companies, covering sectors such as water and sanitation, cargo transportation, railways, airport management and natural gas production Luis Robayo / AFPArgentina’s pesticide, Javier Milei, leaves the Holocaust Museum after participating in an event to celebrate International Holocaust Memory Day in Buenos Aires The Argentine government, under the leadership of Javier Mileib…

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The Argentine government, under the leadership of Javier Milei, began the process of privatizing Corredores Viales S.A., which manages approximately 6,000 kilometers of highways in the country. The current administration considers the company to be in deficit, pointing out that 45% of the roads under its supervision are in inadequate condition. The privatization model adopted will be based on concessions, where the dealer will be responsible for…

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The Executive explained that although there are routes and highways managed by the private sector in Argentina, "previous governments insisted on sustaining this deficit state enterprise."

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The government announced the privatization of Corredores Viales SA, the state-run company through which the public administration was responsible for the maintenance and construction of national roads, highways and highways linking the provinces and the country with its Mercosur neighbors. The announcement was made this noon with an affirmation that summarizes the axiom through which Javier Milei’s government prioritizes the criterion of profita…

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It was announced this Friday by presidential spokesman Manuel Adorni at a press conference. The new concessionaires will enter under a model of public works by toll. Javier Milei’s government will advance in the privatization of the concession of the routes managed by Corredores Viales Sociedad Anónima, as a step prior to the elimination of the state company that manages part of the main roads of Argentina. The intention is that the new concessi…