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  HOME | Argentina

Over $35 Billion Invested in Projects in Argentina, Macri Says

BUENOS AIRES – President Mauricio Macri said on Monday that $35 billion had been invested in “hundreds” of new business projects in Argentina since he took office in December.

“More than $35 billion in projects have been launched,” Macri said during the opening of a new distribution center belonging to Drogueria del Sud, the largest drugstore chain in Argentina.

“This is not an economic change, but a cultural one,” the president said at the distribution center in Avellaneda, a city in Buenos Aires province.

The late founder of Drogueria del Sud, Silvio Macchiavello, promoted “trust” in the workplace and passed on these values to his daughters, who now run the company, Macri said.

The new distribution center reflects what is possible when there is a combination of Argentine human resources and “the best technology in the world,” the president said.

Argentina will become “a little better” each day once every citizen understands that when they create obstacles to getting work done, they “complicate the lives of others,” Macri said.

Buenos Aires Gov. Maria Eugenia Vidal said the new center would show how capable Argentines are because now they will have “the most modern distribution plant in Latin America.”

 

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