BUENOS AIRES, Sept 10 (Askume) – Argentina’s government expects investment in the country’s energy sector to surge by 2025 as the market is deregulated, with Energy Minister Eduardo Rodriguez Cirillo saying on Tuesday, adding that investments would reach US$15 billion in 2025 and US$16.5 billion in 2026.
The expected spending also includes additional funding from the country’s RIGI investment incentive system, which would amount to between $2 billion and $2.5 billion annually, Rodriguez said.
The government of liberal President Javier Milly launched a series of reforms aimed at reducing state intervention in the economy, including significant regulation.
These policies are intended to boost energy exports, ease local price controls, and provide greater access to foreign currency.
Speaking at an energy-related event, Rodríguez Cirillo argued that these measures would create a better business environment to attract investments.
