Date
19 November 2017

Argentina seeks Russia, China cash for dams, Bloomberg says

Argentina’s Planning Minister Julio De Vido is flying to Russia and China to seek investors for 14 infrastructure projects to be auctioned next year for a total of US$17 billion, Bloomberg reported Thursday, citing two people with knowledge of the situation. De Vido is expected to be in Beijing next week and could be joined by Economy Ministry Axel Kicillof, the first person said. Argentina’s projects include hydro dams in Neuquen, a dam in Salta, aqueducts in the northern part of the country and a communications tower to be erected outside Buenos Aires, the report said, citing the second person. It’s De Vido’s second trip to Russia and China in the past year seeking investors, the report said. 

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