Milei Prepares Visit to Mendoza and San Juan
President Javier Milei plans to tour by year-end the nine provinces that concentrate the first projects approved under the Regime for Incentives for Large Investments (RIGI), according to official sources from Casa Rosada and reported by La Nación newspaper. Among the districts included in the presidential tour are San Juan and Mendoza, provinces with approved projects under the regime, although no confirmed date has been set for the visit or details on which of these initiatives would be the chosen destination.
A federal tour focused on RIGI investments
Casa Rosada's objective is to highlight the investments achieved by the regime and demonstrate on the ground the concrete impact of approved projects. To that end, the national Government designed a visitation schedule that will include, besides San Juan and Mendoza, the provinces of Catamarca, Río Negro, Neuquén, Salta, La Pampa, Jujuy, and Santa Fe.
The organization of each stage will depend on the characteristics and location of the different projects, so the final agenda is still being developed within the Government. In the case of San Juan, no information was provided on which initiative the president would visit, what activities he would undertake during his stay, or whether he would meet with Governor Marcelo Orrego.
Clearly, in Mendoza, the point of interest is the El Quemado Solar Park.
The national tour began to take shape with the visit Milei made.
San Juan, among the provinces with the highest mining presence within RIGI
Before the latest announcements made by national officials abroad, the Government counted 23 approved projects under RIGI, distributed across different provinces. Overall, the initiatives contemplate committed investment of US$49.766 billion and, according to official data released by the national administration, would generate 108,450 direct and indirect jobs across various development stages.
Of the total projects, 12 correspond to the mining sector, seven to oil and gas, two to electricity, one to steel, and another to infrastructure. Mining thus emerges as the sector with the largest number of initiatives approved under the regime, which partly explains the weight that Andean provinces like San Juan carry within the incentive scheme.
San Juan concentrates four of these projects, in a province where mining activity constitutes one of the pillars of the productive matrix and where various copper and other mineral initiatives are undergoing advanced exploration, feasibility, or construction stages. The RIGI, approved by Congress under the Bases Law, offers projects exceeding a certain investment threshold a scheme of fiscal, exchange, and customs stability for an extended period, with the stated objective of attracting large-scale capital to the country.
To this original list were subsequently added new projects announced by the national Government, including initiatives linked to oil and gas in Vaca Muerta and a copper mining project, which expands the universe of investments committed under the regime beyond the 23 cases initially counted.