MercoPress. South Atlantic News Agency
Wednesday, August 19th 2026 - 21:50 UTC
In February, a decree brought hydrocarbon exploration and production projects into the regime, extended the application deadline to July 2027 and eased conditions for expanding admitted projects
Argentina's Large Investment Incentive Regime (RIGI), created in 2024, “consolidated a strongly extractive profile and did not stimulate new sectors,” according to a report released on Wednesday by the RIGI Observatory, a coalition of civil society organisations and academic centres that examines the scheme from a critical standpoint.
The regime grants thirty years of tax, customs and foreign exchange benefits to companies investing more than 200 million dollars in sectors deemed strategic. According to official data cited in the report, 44 projects have applied to join, worth 198,979 million dollars, of which 21 have been admitted for a total of 46,708 million. Among those approved, twelve are in mining, five in oil and gas and the remaining four in energy, infrastructure and steel. Of the 23 projects under evaluation, thirteen are in hydrocarbons and seven in mining. Other records consulted show lower figures for earlier periods.
