Almost two years after the regulation of the Incentive Regime for Large Investments (RIGI), the program promoted by the Government of Javier Milei continues to consolidate as one of the main tools for attracting productive capital to Argentina. According to a survey by the consulting firm Globaris, 39 projects totaling USD 121.237 billion have already been registered, mainly concentrated in the energy and mining sectors.
To monitor the progress of these investments, Globaris developed the RIGI Tracker, a tool that allows real-time tracking of the status of each project, the committed amounts, the provinces involved, and the origin of the capital.
The initiative aims to centralize information that until now was scattered among official agencies, companies, and specialized media.
Over USD 100 billion remain under evaluation
According to the data collected by the consulting firm, there are currently:
15 approved projects for USD 20.247 billion
23 projects under evaluation for USD 100.717 billion
1 project recommended for rejection for USD 273 million
The numbers reflect the strong investor interest that the regime has generated since its launch in August 2024.
Energy leads significantly in investment volume, while mining tops the ranking by the number of projects submitted.
Vaca Muerta drives energy leadership
The energy sector accounts for 16 projects worth USD 78.303 billion, equivalent to 64.6% of the total committed investments under the RIGI.
Among the most important initiatives is the YPF project to expand oil exports, valued at USD 25 billion, which has become the largest investment announced within the regime.
Also included are:
Vaca Muerta Sur Pipeline
Liquefied Natural Gas (LNG) liquefaction vessel by Southern Energy, Golar LNG, PAE, and YPF
El Quemado Solar Park
PCR and Acindar Industrial Wind Farm
Expansion of the Perito Moreno Gas Pipeline
The focus is on enhancing the development of Vaca Muerta, both in extraction and in transportation and export infrastructure.
Mining consolidates as the second major engine
Meanwhile, mining adds 20 projects worth USD 42.171 billion, representing 34.8% of total investments.
Within the sector, the following stand out:
11 lithium projects for USD 13.5 billion
