German Companies to Boost Argentina Investment on Macri Reforms
By: Birgit Jensen
German companies plan to invest about $3 billion in Argentina over the next four years as they welcome changes in economic policy under President Mauricio Macri, according to a business group.
The German-Argentinian Chamber of Commerce said it polled executives at major German companies that generate more than $9 billion in annual sales in Argentina about their plans for next year through 2020. The planned investment will create about 3,000 jobs, the chamber said in a statement.
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