The national reconstruction process led by President Javier Milei has marked a new milestone in attracting foreign and national capital. Through the implementation of the Incentive Regime for Large Investments (RIGI), a fundamental piece of the Base Law, the National Government has managed to consolidate a trust ecosystem that already includes 16 approved projects, representing a monumental investment close to USD 30 billion.
Under this new management, mining is positioned as the undisputed engine of the economy, with another 20 projects under evaluation that promise to end decades of legislative neglect. In this context of resurgence, the Ministry of Economy officially announced this Thursday, through resolution 801 published in the Official Bulletin, the inclusion of a new giant in the benefits scheme: the San Jorge Project.
This initiative, driven by the company Minera San Jorge, lands in the province of Mendoza with a planned investment of USD 891 million, representing a radical turnaround for a province that is reclaiming its place on the international mining map.
The impact on the labor market will be immediate and significant, demonstrating that economic freedom is the only real generator of well-being. It is estimated that the project will create "more than 6,300 direct and indirect jobs" linked to the extractive activity.
From the portfolio led by Minister Luis Caputo, this advancement was celebrated, highlighting that the RIGI is synonymous with “more investment, more jobs, and clear rules to continue developing Argentine mining”.
The technical details of the venture underscore its strategic relevance:
