Argentina boosts investment in construction

According to the head of the Argentine Chamber of Construction (CAMARCO), this new framework could attract up to US$5 billion in funds.

RIO DE JANEIRO, BRAZIL - Last week the Argentine Senate passed a new law that will provide a strong boost to the construction sector through tax incentives.

According to the head of the Argentine Chamber of Construction (CAMARCO), Iván Szczech, this new framework could attract up to US$5 billion in funds.

The law fosters the creation of a regime aimed at promoting investments in the construction of new private works carried out through capital investments by individuals who have undeclared dollars, in the country or abroad, and are seeking to invest them in construction.

"The passed bill, which was . . .

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