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Argentina Launches Eight-Month Privatization of Intercargo

It tasks agencies with updating asset inventories, preparing a national and international tender to dispose of the state’s 100% stake within an eight-month timeframe.

El aeropuerto metropolitano Jorge Newbery tras paro sorpresivo de la empresa Intercargo encargada recolección equipaje sábado 9 noviembre 2024 en Ciudad Autónoma Buenos Aires. FOTO Francisco Loureiro - FTP CLARIN _MG_7166.JPG Z Invitado
El Gobierno inició el proceso de privatización de Intercargo y determinó un plazo límite para su realización (Foto archivo)
El Estado tiene el 90% de la participación accionaria de AySA
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Overview

  • Resolution 1067/2025, signed by Economy Minister Luis Caputo and published July 28 in the Boletín Oficial, marks the formal start of the process.
  • Intercargo’s full share package will be auctioned through a public tender open to national and international bidders with no provision for partial sales or employee participation.
  • The process is grounded in the legal framework established by Decree 198/2025 and Law 27.742, which designated Intercargo for privatization in March.
  • The Transport Secretariat is charged with updating the inventory of tangible and intangible assets and securing the mutual rescission of the 1990 concession contract before the transfer.
  • Because the national valuation tribunal cannot meet the deadline, a state-owned bank will perform the official valuation of Intercargo’s equity.