Argentina expects $14 billion in investment on 'fruits' of reforms

Source: Reuters
By: Luc Cohen and Hugh Bronstein
4/11/2017

BUENOS AIRES (Reuters) - Domestic and foreign companies likely will invest $14 billion in Argentina this year as firms open their pockets to make good on previously announced investments, the head of the government's investment promotion agency said on Tuesday.

President Mauricio Macri's government struggled to pull in the investment it promised in his first year in office but the head of his Investment and Trade Promotion Agency, Juan Procaccini, said in an interview that 2017 was looking better.

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