The Argentine Republic is internationally recognized for the scale and diversity of its natural resources. Nevertheless, it is equally important to highlight the country’s highly skilled population and its well-established industrial and technological base. In a dynamic global context currently undergoing a process of redefinition, these attributes have acquired renewed strategic valuation. The global value chains that structured the international trading system over last decades are being reassessed, following the recognition that unexpected health-related contingencies and geopolitical tensions have had a structural impact on their operating patterns. Within this framework, the Argentine Republic is well positioned to play a relevant role as a supplier of strategic resources to address global challenges related to food and energy security, while simultaneously contributing to the country’s economic and social development.
Likewise, based on its endowment of natural resources and the human capabilities required for their productive transformation, the Argentine Republic possesses strategic resources that enable it to further deepen and consolidate its integration into global value chains. In this process, foreign direct investment (FDI) plays a central role, not only as a source of capital for resource exploitation, but also as a key driver for the development of local productive capabilities, the generation of value-added chains, and the creation of quality employment—an indispensable condition for sustained economic growth.
The Argentine Republic has an extensive territory, of which approximately 53% is cultivable land, and it is a leading exporter of a wide range of agri-industrial products and foodstuffs to highly competitive markets such as Canada, China, the United States, Europe, and Japan. In addition, the country possesses highly significant mining and hydrocarbon areas, with substantial potential for expansion. At the same time, Argentina has a solid industrial base, with advanced developments in sectors of elevated complexity and dynamism, including steel pipe manufacturing, agricultural machinery, medical equipment, biotechnology, the automotive industry, and knowledge-based services, among others.
These strengths are complemented by the availability of highly qualified human resources, an extensive network of scientific research centers, and universities that rank favorably in international rankings, producing more than 110,000 university graduates each year. The Argentine Republic also stands out as the leading country in Latin America in terms of English language proficiency.
Furthermore, the country offers a broad and diversified infrastructure that supports a nationwide productive network, with ports and multiple entry and exit points for goods distributed across different regions of the national territory.
Macroeconomic Framework and Investment Incentive Regime
From the first days of the administration of President Javier Gerardo Milei, an agenda was launched aimed at creating favorable conditions for the attraction and facilitation of investments that contribute to Argentina’s economic growth. This orientation was initially materialized through Decree No. 70 of December 2023, which sought to eliminate commercial barriers and restrictions, reduce regulatory burdens, and establish conditions aimed at improving the business environment.
The economic program of President Javier Milei’s administration is based on a pro-market agenda, which has enabled progress in stabilizing the foreign exchange market, reducing inflation, strengthening legal certainty for investors, and fostering an favorable environment for private initiative, based on clear, transparent, and predictable rules.
This approach was further consolidated and expanded through the implementation of the Large Investment Incentive Regime (Régimen de Incentivos para las Grandes Inversiones – RIGI), approved by the National Congress through Law No. 27.742, enacted in July 2024, and regulated by Decree No. 749 of August 2024.
The RIGI regime, in force until July 2026 and extendable for an additional year (until July 8, 2027), is aimed at projects involving investments exceeding USD 200 million. Its purpose is to provide predictability, stability, and legal certainty for large investments, promote the development of local production chains, and establish protection mechanisms against potential breaches by the State.
RIGI provides tax, customs, foreign exchange, regulatory, and jurisdictional incentives, as well as regulatory stability for a period of thirty years, for projects in eight strategic sectors: industrial forestry, tourism, infrastructure, mining, technology, steel, energy, and oil and gas. For projects exceeding USD 2 billion in investment, the benefits are expanded and extended for up to forty years.
Role of Argentina’s Network of Representations Abroad
With the aim of attracting productive and high-quality foreign direct investment (FDI) to Argentina, the Embassy of the Argentine Republic in Vietnam, in coordination with the Ministry of Foreign Affairs, International Trade and Worship of the Argentine Republic:
- Works with Argentine companies and start-ups;
- Assists foreign investors interested in investment opportunities in Argentina;
- Organizes investment seminars and meetings with senior executives;
- Coordinates agendas for business trips to Argentina;
- Disseminates information related to:
Expressions of interest in investing in Argentina, received by Argentine embassies and consulates abroad;
National, provincial, and municipal investment incentives available;
The economic outlook, key stakeholders, and dynamics affecting foreign direct investment in Argentina and the region;
- Supports provinces, municipalities, and sectoral chambers in the formulation of their investment attraction strategies.