The opposition questions the special investment regime in Argentina

The Peronist opposition in Argentina has questioned the Large Investment Incentives Regime (Rigi) introduced by the ultra-liberal government of Javier Milei, announcing its possible revision in the event of victory in the next elections in 2027.

This was stated by national deputy Máximo Kirchner, son of former president Cristina Kirchner who is currently serving a six-year sentence for corruption. "If Peronism were to return to power, every single project will have to be subjected to review to verify how it was approved, because sovereignty is being ceded and the Regime is not actually generating the expected benefits", declared the deputy in an interview with the Radio Con Vos broadcaster.

"(The projects) will be subjected to verification and, if everything is in order, they will continue, as these are acquired rights.

However, they must be examined on a case-by-case basis,” Kirchner added.

To date, the Milei government has approved 23 projects under the Rigi regime with total investments of 50 billion dollars. In parallel, 24 other investment projects for a total of 150 billion dollars are being evaluated. Among the latter also the joint 50 billion dollar project for the export of LNG by the Italian Eni with the Argentine YPF and the Emirati XRG (Adnoc).