In the context of several meetings made in the last two days USAthe governor of Chubut, Ignacio “Nacho” Torrespresented to companies, chambers, international organizations and multinational banks Potential of the province in terms of tourism, manufacturing and renewable energyand the executive-sponsored tax relief program to encourage the arrival of private capital and reactivate key sectors of the Chubut economy.
“Chubut is one of the provinces with the greatest potential in Argentina”emphasized the Governor during the meetings bringing together members, authorities and directors of JP Morgan; UBS asset management; Goldman Sachs Asset Management; Invesco Asset Management; of Americas Society and the Council of the Americas; and the Argentine Consulate.
The head of the executive branch also emphasized that the meetings took place in New York City “very positive” and stated that “today the world once again sees the province as a competitive and attractive location for investment.”
potential
After his participation in the conclaves that he shared with the Minister of Economy, Miguel Arnaudo and the President of the Banco del Chubut, Paulino Caballero; Torres highlighted the process of institutional transformation that began in the province almost two years ago, pointing out that “we are talking about a central factor that allows us to be.” to make it more competitive on a global scale and attract new investments in a province that is becoming increasingly reliable and today has enormous potential.”
The President explained that in December 2023 “we set out a path to advance a series of measures that allowed us to create new companies and, above all, to focus on production and work.” In this sense, he assured: “Instead of kicking the ball, we made the decision to do it.” Promote investment opportunities in strategic sectors through a tax relief system that is more than beneficial for anyone who wants to settle in Chubut.”
After the presentations, the governor noted that we “talked about the development agenda that we are implementing and focusing on.” productive rest and the creation of legitimate sources of employment“, and in this context he referred to the package of laws and instruments promoted by the provincial government that “make Chubut an attractive location for investments.”
Investment opportunities
Likewise during the meeting with members of America society and the Council of the AmericasTorres emphasized the importance of natural resources of Chubut, its strategic location in Patagonia and the role in our country’s energy transition.
“The province is positioned as a major player in promoting renewable energy,” he said, noting that “we are a blessed province because.” We have what the world demands today“: Territorial expansion, best wind yield, deep-water ports and the concrete possibility of industrializing our resources,” he explained.
The head of the executive branch also referred to the installation of Artificial intelligence data centers There are centers in the province that run entirely on clean energy due to Chubut’s large wind resources and potential for the development of advanced technological infrastructure.
“We have a huge comparative advantage because of all the human, intellectual and natural resources that our province has,” said the President, emphasizing that both the fiscal and regulatory advantages and the development of development and industrialization strategies are beneficial “They position us today as a competitive and favorable destination for attracting investment.”.
Intense agenda
The governor’s extensive activities in New York included meetings with JP Morgan, the North American country’s largest bank, operating in more than 100 countries and with total assets exceeding $3.6 trillion; with UBS asset managementthe global wealth management division of UBS (a Swiss bank specializing in investing in client funds); Goldman Sachs Asset ManagementInvestor management department of the multinational bank; And Invesco Asset Managementthe world’s leading global investment manager.
This also included meetings with AMericas Societyan organization focused on political and social analysis, intellectual exchange and cultural dissemination; And Council of the Americasa network that brings together leading international companies to promote favorable investment conditions, economic development and trade.
Meanwhile, the President received at the Argentine Consulate General and Promotion Center together with the Consul of our country resident in this American city Gerardo Abel Diaz Bartolometo representatives of various companies, chambers, organizations and investment funds.
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