International banks’ appetite for debt financing Argentina’s upcoming programme of infrastructure projects via a new public-private partnership (PPP) structure is likely to be extremely limited.
The first Argentine PPP projects will be awarded by the end of April, with an estimated value of a little over $5 billion. These projects are part of three tranches of deals that are expected to be awarded in 2018, made up of 13 highways and two bridges.
However, one head of project and trade finance at a large European financial institution that has big Latin American operations told Euromoney at the IDB conference in Argentina that he wasn’t prepared to finance any of the projects.
“There is too much risk for long-term projects in Argentina,” he said.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
