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Argentina: Investment grows but still not enough

Publication: Corporate Argentina

Provider: ISI Corporate Products

Date: November 15, 2005

Investment grows but still not enough

Ámbito Financiero Investment in Argentina shows improvements compared to 2001 crisis, and continues with a raising trend (at an 18% annual pace). However, investment seems not to be enough to cover the depreciation of assets in many sectors.

According to a survey among 85 companies that quote in the Buenos Aires Stock Exchange (BCBA), when firms had a bigger cash flow it was earmarked for debt payments, instead of machinery and equipment purchasing.

This abstract is provided by Internet Securities, Inc. as a service to its customers. Internet Securities, Inc. makes no representation or warranty regarding the accuracy or content of the translation.

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