Milei collects 340 million dollars from the privatization of Buenos Aires water

Javier Milei's Argentine government will collect 340 million dollars from the privatization of the country's largest drinking water distribution company, the state-owned Aysa which manages the concession of the entire network of the capital Buenos Aires.

This is what emerges from today's opening of the envelopes with the offers of the only two contenders remaining in the race which saw a consortium formed by the Dutch investment fund Phx Aqua prevail (55%); together with the Argentine construction and services company Rowing (20%); to the Brazilian operator Arcos Saneamiento e Participacoes which currently manages the service in Rio de Janeiro (15%); and chlorine supply company Transclor (10%).

The concession contract includes a commitment to an infrastructure investment plan for a total value of 1.94 billion dollars until the end of 2031 and 15 billion dollars over the entire duration of the concession, which will end in 2056.