Wednesday , December 8 2021

Due to the increase in land risk and the impossibility of financing them, the government repeals OPP programs – 12/19/2018



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Due to the difficulty of accessing credit in view of rising land risk, Mauricio Macri decided abolish the uninitiated work of the Public-Private Participation Program (PPP), one of the tools with which the government tried to reactivate the economy and show leadership in the next election year, despite the fact that the 2019 budget was prepared to eliminate the primary budget deficit.

"Projects are postponed until the cost is reasonable for the country"He confirmed bugle a source from the Ministry of Finance after the president met at Quinta de Olivos for a PPP follow-up meeting with Nicolás Dujovne, Guillermo Dietrich (Transport), Francisco Cabrera (BICE) and Javier González Fraga (his equivalent) of the nation) and officials linked to area.

The planning and control of the PPP system had gone this month from the treasury to the government's government, a change that was interpreted as a ratification of Marcos Peña's centrality during the campaign in a tool for starting work. The official also absorbed the national register of construction companies of public works, which was verified by the Ministry of the Interior.

The decision to continue with the six roads and other programs already implemented and to suspend the projectors will affect governors' plans, which in some cases had appealed against this modality to replace the cuts of public works in the budget, to follow the reduction of the deficit agreed with the IMF. Some will be redefined with the traditional system, but still without time specifications.

The project that would go out for tender is that High Voltage Transmission Line It would tend between Rio Diamante (Mendoza) and Charlones city of Buenos Aires.

The series of work initiated adds one Investments in roads and highways of $ 8,058 million ($ 6 035 million in the construction sector and 2 023 million in maintenance) and three steps were planned with a total of 7 277 kilometers. The first included the tender of highway corridors on national routes in Buenos Aires, Cordoba, La Pampa, Mendoza and Santa Fe. From the Ministry of Transport, in turn, marked as the last milestone starting the highway between Mercedes and Suipacha, for more than $ 1 100 million.

Land risk reached this Tuesday 787 points, it maximum level of the management of macri. In addition to difficulties in accessing credits on more favorable terms, PPP programs had already suffered the impact of the so-called cause of laptopsThe banks protested against advances to companies that had been involved in illegal payments to former Kirchner officials. But in Casa Rosada they had suggested enable the system for the campaign again and to drive the economy, and earlier this month, a minister showed the expectation of a possible 10% growth in work next year if projects were advanced.

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