Another business trip did bring me back into Buenos Aires this week. I had last been here in 2013, so – even with the focus on business now – this was a great opportunity to come back, retrace some of my steps from previous stays and to see, what had changed since then.
And clearly things are changing in Argentina … the new president and government are going a different route as in previous days under the Kirchner family. Most obvious is the ongoing investment into infrastructure; the public transport infrastructure has clearly been improved (from bus lanes downtown to upgrades at the airport), the traffic in the microcentro is more relaxed – and based on the construction everywhere, the city is finally again drawing in investment money – – seems Argentina is on the move (again); I guess, it helps to have a president with an engineering background.
My colleagues also confirmed that in discussion, they are really happy about the country moving forward and away from the old ‘corruption-based’ model. They however also mentioned, that all that good is not coming from nowhere … it seems taxes are on the rise – and that these are really turning to a point, where it starts to hurt the population. So Argentina is certainly a country to stay tuned on.