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Argentina Auctions Belgrano Cargas Assets to Finance Rail Upgrades

The auctions kick off a yearlong timeline to dismantle the state freight operator.

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Trenes Argentinos. Es una de las empresas con mayor crecimiento en inversión de capital

Foto: Ignacio Blanco / Los Andes
La empresa será desmembrada en tres unidades de negocio y posteriormente disuelta.
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Overview

  • Resolution 1049/2025 has taken effect, authorizing the vertical split of Belgrano Cargas y Logística into rolling stock, rail corridors and workshop units.
  • Banco Nación has opened a fiduciary account in the Transport Infrastructure Trust to receive proceeds from upcoming rolling stock auctions.
  • Public tenders will award national and international concessions for tracks, adjacent land and maintenance workshops on the General Belgrano, San Martín and Urquiza lines.
  • An executive unit under the Agencia de Transformación de Empresas Públicas will oversee technical and legal coordination and enforce the 12-month deadline.
  • The move builds on Law 27.742 and earlier decrees to expand open-access rail and attract private investment for network modernization.