Overview

• The government opened bids on October 8 for a 741‑kilometer tranche covering National Routes 12, 14, 135, A‑015, 117 and the Rosario–Victoria bridge across Buenos Aires, Entre Ríos, Santa Fe and Corrientes.
• State bank BICE offered a fiduciary credit line of up to ARS 56,000 million or 70% of the contractual investment at UVA+2% with up to six years to repay and one year of grace.
• Offers came from established road builders including Autovía Construcciones y Servicios, Benito Roggio e Hijos, Panedile, Obring, Coyserv and Rovella Carranza.
• The concession scheme shifts operation and maintenance to private operators under long‑term contracts funded by tolls with no upfront canon to the state.
• Potential judicial challenges are anticipated because the state financing was announced shortly before the tender opening, which companies may argue altered material terms.