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Sturzenegger Admits Delays as Mercosur Route Privatization Draws Seven Bids

He presents the concession drive as part of a broader effort to cut costs.

Overview

  • Argentina opened bids last week for the first stage of the Mercosur road concessions, receiving seven offers for the Oriental and Conexión sections covering national routes 12, 14, 135, A-015, 117 and 174.
  • Federico Sturzenegger acknowledged the government moved slower than planned in shifting national routes to private operators but said the process is now moving.
  • He reaffirmed the policy of ending traditional public works, arguing past corruption under kirchnerismo requires private financing and execution of infrastructure.
  • The minister said reducing the public workforce has saved about US$2 billion per year and signaled deeper spending cuts as part of what he calls a state reordering.
  • He criticized opposition lawmakers for advancing measures that add spending without funding and highlighted Argentina’s alignment with the United States and Israel ahead of high-profile diplomacy.