Public-Private Partnership As A New Tool For Infrastructure Development In Argentina

The Federal Executive Branch submitted a bill seeking the approval of a new legal framework for Public-Private Partnerships to Congress. This new regime seeks, essentially, to allow a balanced and predictable collaboration between the public and private sectors.

The Federal Executive Branch ("PEN", according to its Spanish acronym) has recently submitted a bill seeking the approval of a new legal framework for Public-Private Partnerships ("PPP") to Congress. This regime is seen as another tool to help address the country's existing infrastructure deficit and generate greater involvement of banks and multilateral lending agencies in financing public works.

It is expected that Congress will discuss this initiative in the coming weeks and, if approved, the new legal framework for PPPs may be applied to a number of infrastructure projects in different parts of the country.