The Incentive Regime for Large Investments (RIGI) of the Government of Javier Milei has already accumulated investment promises close to 78 billion dollars.
Almost two years after its legislative approval, the libertarian administration seeks with this measure to strengthen foreign exchange inflows and improve Argentina's competitiveness vis-a-vis countries such as Chile and Peru.
The initiative, regulated in August 2024, was conceived as the central vehicle for transforming natural resources into economic development, accelerating postponed projects and enabling others that, without this framework, would not have advanced.
In this regard, the objective of the Government of Milei is to increase energy and mining exports to USD 60 billion annually starting in 2030, as anticipated by the Secretary of Energy and Mining Coordination, Daniel González, before AmCham.
The regime's attractiveness lies in its conditions: fiscal stability for 30 years, tax and customs benefits, free access to foreign exchange and legal guarantees
in the face of possible regulatory changes.These are requirements considered minimum by large companies after years of economic crisis and exchange restrictions. Access to RIGI will be enabled until July 2027, with the official promise that its conditions will then be extended to the rest of the economy
.Approved and pending investments
According to the survey by Juan José Carbajales, from the consulting firm Paspartú, there are already more than USD 17.6 billion with official approval, while another USD 46 billion are in process
