Argentina: Taking stock at investment projects

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Argentina: Taking stock at investment projects

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June 18, 2026 07:30 AM GMT

Morgan Stanley C.T.V.M. S.A.+MWeek Ahead in Latin America | Latin America Julia Lobato Barbosa

Economist

Argentina: Taking stock at Julia.Lobato.Barbosa@morganstanley.comFernando D Sedano +55 11 3048-6016

Chief LatAm Ex-Brazil Economist

Fernando.Sedano@morganstanley.com +55 11 3048-6605

investment projects Ana Madeira

Ana.Madeira@morganstanley.com +55 11 3048-9582

This week, we focus on Argentina’s investment incentives and Thiago A. Machado, CFA

the sizable pipeline of projects already submitted; those already EconomistThiago.Machado@morganstanley.com +55 11 3048-6249

approved will lift investment as of this year. Next week focus on Morgan Stanley & Co. LLC

Mexico monetary policy meeting, Brazil and Chile monetary Nicolas Eterovic

policy minutes, and 1Q26 GDP for Argentina. EconomistNicolas.Eterovic@morganstanley.com +1 212 761-1245

Argentina in focus… Argentina is Exhibit 1: Total RIGI pipeline

gradually rebuilding its capital stock, reached USD 141.7 billion

especially in export-oriented sectors. For a Investment (USD bn) Employment (thous)

Energy 20.4 12.0

country with recurrent balance-of- Mining 20.5 57.0

Infrastructure 0.3 9.7

payments crises and a long history of Industry 0.3 3.8

underinvestment, the shift toward an Approved 41.5 82.5

Energy 65.3 -

investment- and export-led growth model Mining 32.3 -

Infrastructure 0.2 -

is the right macro direction. Authorities Industry 2.4 -

Under valuation 100.2 142.6

have introduced sizable incentives to Total 141.7 225.1

reduce Argentina’s cost of capital and Source: Finance Ministry, Morgan Stanley LatAm Economics

encourage private investment, and the

RIGI pipeline is impressive, with USD 141.7 billion in projects submitted and USD 41.5