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Background



Economy

Benefiting from rich natural resources, a highly literate population, a diversified industrial base, and an export-oriented agricultural sector, the economy of Argentina is Latin America's third-largest and the second largest in South America. It has a "very high" rating on the Human Development Index and a relatively high GDP per capita, with a considerable internal market size and a growing share of the high-tech sector.

Politics

The Presidency of Mauricio Macri began on 10 December 2015, his main priorities are the implementation of new fresh infrastructure long term plans. Argentina has a federal democratic Republic, the President is both Head of State and Head of Government. Legislative power is vested in two chambers of the National Congress. The Judiciary is independent of the Executive and the Legislative.

Location

Argentina is located mostly in the southern half of South America. Sharing the bulk of the Southern Cone with Chile to the west, the country is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east. The country covers 2,736,690 square kilometers of land and 43,710 square kilometers of water, making it the 8th largest nation in the world.

International Support

Most infrastructure projects are open for international competitive bidding and are funded either by the Government of Argentina or major international financial institutions, such as CAF Development Bank of Latin America, IADB Inter-American Development Bank, World Bank and bilateral financial agreements.