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Argentina Procurement News Notice - 89492


Procurement News Notice

PNN 89492
Work Detail The national government has transferred 11 infrastructure projects to the province of Formosa for a total value of $3.643 billion. This measure is part of a broader policy of transferring works to the provinces, with the aim of decentralizing the management and financing of the projects. The projects transferred to Formosa cover various areas, such as urban, road and educational infrastructure. However, this transfer has generated some controversy, as the province questions the agreement due to an outstanding debt related to these works. This transfer of works poses significant challenges for the provinces, including: Financing: The provinces will have to assume the cost of completing the works, which may generate budgetary tensions. Management: Provinces must take control of the execution and maintenance of projects, which requires adequate administrative and technical capacity. Prioritisation: Provinces must establish priorities in the execution of projects, taking into account their resources and needs. In the case of Formosa, the transfer of these projects adds to a complex panorama of public works in the province. The lack of maintenance of the road infrastructure and the need for investments in areas such as water and urban infrastructure represent important challenges for the provincial government. In short, the transfer of public works to the provinces is a trend that seeks to decentralize the management of public infrastructure. However, this process poses significant challenges for the provinces, which will have to find the resources and capacity to carry out these projects.
Country Argentina , South America
Industry Construction
Entry Date 04 Feb 2025
Source https://www.construar.com.ar/2025/01/traspaso-de-obras-publicas-a-formosa/

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