sign times reopening of markets, the main Argentine companies areas of services, software, consulting and export of so-called “knowledge-based services” (SBC) launched on Thursday and Friday in New York the first major round business since taking the new government after the default.
they took advantage of the presence in the city of Chancellor Susana Malcorra, to open in the Council of the Americas a series of lectures which were also developed at the Consulate Argentine in New York and at Columbia Business School.
are also supported in Martin Lousteau, Argentina’s ambassador to the US, speaking to businessmen and investors in the Argentine consulate in New York of the benefits of the Argentine market knowledge.
Argençon is the camera that brings together Argentine companies and foreign capital basically dedicated to knowledge services. Together they exported nearly 6,000 million dollars annually with imports 3,600 million and generate about 120,000 jobs distributed in 43% of accounting, legal and consulting services, 27% of IT services, 13% in engineering and 17% of audiovisual content and advertising .
Lousteau not stop one minute between Thursday and Friday to explain why Argentina and especially Buenos Aires, Cordoba and Mendoza are objective conditions for attracting investment in segments with high added value, such as services, technology and software development. He did not refer only to general education level, but living conditions in cities, the ecosystem between developers, designers, and most inexplicable tens or hundreds of cases of entrepreneurs who the last two decades have flooded the country and the world with successful projects in the reign of the digital economy.
in New York, CEOs and presidents of companies such as IBM Argentina, Neoris, ASSA Group, Globant’s or HP Argentina met with economists Columbia, the Council CEO Susan Seagal and officials as Andy Freire, Minister of Innovation, Technology and Modernization of Government of the City of Buenos Aires.
the projection for the next nine years-and what comes to selling this road business- show aims to generate 270,000 jobs highly qualified and exports by 16,000 million dollars. Currently the export of services based on knowledge represents the third largest in Argentina, behind agribusiness and the automotive sector.
The mixture of national officials, City and CEO of major companies grouped in Argençon, with its president Roberto Alvarez Roldan at the helm, he designed a staging almost ideal for this round of negotiations in which much was made of the companies based on the generation of products and services associated with knowledge, but in which overflew all while an optimism based on the key data of the week: payment to the holdouts and the definitive end of 15 years of default
Horacio Rodriguez Larreta, on tour contacts and business for more than a week ago. by US (For temporarily interrupted by his return to Buenos Aires by the tragedy of Costa Salguero), he spoke at the Council of finding a “change over 20 or more years.” Overoptimistic or conviction of a management model management very public thing, admittedly, in the offices of banks and between business analysts New York has much more than good responsiveness.
For advisors Larreta, was as inexplicable as repeated data surprise of their American, Chinese and Arab partners, in dinner investors last Wednesday, they confessed them had spent years without talking about specific investment projects, general business and large infrastructure projects with Argentine officials. “They are surprised to the fact that we speak English,” said a minister Rodriguez Larreta at the consulate in New York.
On Thursday, during the presentation of business they did in the Council of the Americas Chancellor Susana Malcorra, Lousteau ambassador and Head of Government, Rodriguez Larreta, Susan Segal, CEO of the Council, smiling more than usual. Tanned and super smart, a leading doers of business contacts between the US and Latin America was not subtle when describing the magnitude of change in Argentine political climate and the impact that this change is already among investors. “It’s an exciting time for all who care about the Argentina time,” he said. Later he added “Argentina has the best ecosystem of entrepreneurs in the region”.
These are words that, even for a country blessed by the benevolence of the first months of government, seem somewhat exaggerated when compared with the data of economic reality in the country. Did not appear the terms “inflation”, “recession” unemployment “,” deficit “in the two days of business rounds. To Lousteau, they are not listed because they are not in the head of entrepreneurs and investors. But they are data passing, so to speak into the background when looking at the medium term.
Malcorra, in his talk at the Council, was naturally a great saleswoman Argentina as an investment destination, but it was all very political to analyze what you think are new conditions for delude in generating scenarios long-term transformation. According to the chancellor, the fact that everyone sees as a disadvantage of the government of Macri, the minority in both legislative chambers, it is a fact that becomes a “blessing” because annuls in part hyperpresidentialism of Argentina and because that -for it generates a parliamentary opposition that requires debate and agree all the time. That, says Malcorra, is a positive development for anyone looking perspective the future of the country.
