Argentina's Bold Move: Privatizing Belgrano Cargo Railroad

The Argentine government has announced the privatization of the Belgrano Cargo railroad, a key operator in transporting grains and raw materials. Diego Chaher, Secretary of State Companies and Corporations, revealed the plan at a press conference, signaling a significant shift in the country's transport sector.


Devdiscourse News Desk | Updated: 23-10-2024 22:11 IST | Created: 23-10-2024 22:11 IST
Argentina's Bold Move: Privatizing Belgrano Cargo Railroad

The Argentine government has taken a significant step in its transport strategy by announcing the privatization of the Belgrano Cargo railroad. This railroad is one of Argentina's main operators for transporting grains and raw materials.

Secretary of State Companies and Corporations, Diego Chaher, broke the news at a press conference. He stated, 'We are starting today the privatization process of the state-owned Belgrano Cargas.'

This move marks a major transition in the management of Argentina's logistic assets, potentially affecting the country's efficiency in raw material distribution.

(With inputs from agencies.)

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