Calculating GDP Nominal GDP, Real GDP, and the GDP Deflator.
Argentina Country of investments. Argentina Area: 2.780 km 2 Population: 41,1 million GDP: 307...
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Transcript of Argentina Country of investments. Argentina Area: 2.780 km 2 Population: 41,1 million GDP: 307...
Argentina
Country of investments
Argentina• Area: 2.780 km2 • Population: 41,1 million• GDP: 307 billion USD (in 2009) x 326,8 bil.USD (2008)• GDP per capita: 7.483 USD (in 2009)
8.018 USD (2008)• Export: 55,8 billion USD (2009) x 70 billon USD (2008)• Import: 38,8 billion USD (2009) x
57,4 billon USD (2008)• FDI: 4,9 billon USD (in 2009) x 9,7 billon USD (2008)• Fastest growing economy in Latin America
– Six consecutive years of rapid economic growth at an acumulated rate of 8,5% per year (6% in the first months)
– Reduced impact of the Global Crisis comparing to other countries
• Argentina is negotiating right now the payment of the rest of its external debt (29 billon USD)
Selected economies: GDP growth 2003-2008
• These data reflect the pre-crisis time
Argentina• High profitability reassures big players to increase their commitment
and attracts more leading companies to invest in Argentina• Top 50 transnational Corporations with a presence in Argentina
Recent firms en Argentina
CNG en Argentina
1983: The New democratic Government implements a new National Fuel Policy– National Liquid Fuel Substitution Program– Creation of a Government Technical
Group – Adoption of Technical Standards– Involvement in the initial investments in
equipment and marketing
Factors causing rapid public acceptance:
• Good price differential against the gasoline
• Long experience with Natural Gas
• Strong Natural & Industrial Gas Industry
• Early involvement of NGV Association
• Wide Natural Gas Distribution Network
Gasoducto Norte
Gasoducto Centro Oeste
Gasoducto Gas Andes
Gasoducto Neuba II
Gasoducto Neuba IGasoducto
San Martin
Gas distribution system in LA
RegularGasoline
4%
GasolineSuper/Ultra
16%
NGV17%
Diesel63%
Combustible in Argentina
Cidegas - Vitkovice
• Successfull Czech Investment Case in Argentina in 2006
Perspective sectors
• Automotive
• Biofuels
• Biotechnologies
• Software and IT technologies
• Food and beverages
• Creative industries (publishing, music and audiovisual industries, design, advertising)
Why invest in Argentina
• Solid foundations for sustainable growth and profitability
• Highly skilled, innovative and entrepreneurial labor force
• Abundance of natural resources, biodiversity and environmental sustainability
• Access to a large regional market and a springboard to the world
• Diversified economy to meet global market needs• Rich cultural heritage and remarkable quality of life• Quality connectivity and extensive infrastructure• Publice sector supportive of investement
Sources
• Prosperar Florida 375 Piso 8 B Ciudad Autónoma de Buenos Aires (C1005AAG) Tel: (54 11) 4328.9510 [email protected] www.prosperar.gov.ar
• Centro de Economia Internacional – CEIEsmeralda 1212 Piso 2° Of (201)C1007ABRCiudad Autónoma de Buenos Aires [email protected]
• Cámara Argentina de Gas Natural Comprimidowww.gnc.org.ar
Thank you for your attention!Ruben Vallejo
Argentine EmbassyAny questions please send to: