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Argentina and Bolivia investment incentive legislation

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What changed

2026-09-02 22:22 UTC → 2026-09-09 20:32 UTC · added ~~removed~~

Argentina and Bolivia are pursuing legislative frameworks to attract significant capital through long-term investment incentives. In Argentina, the government is advancing the Incentive Regime for Large Investments (RIGI), which has seen approximately USD 49.7 billion approved across various initiatives. Further legislative efforts include the ‘Súper RIGI’ project, which seeks to provide 30 years of fiscal and exchange rate stability for high-tech sectors such as artificial intelligence and biotechnology, provided minimum investments reach USD 1 billion. In September 2026, the La Libertad Avanza bloc in the Argentine Senate accepted significant modifications to the ‘Súper RIGI’ project to secure a majority report following negotiations with the UCR, PRO, and provincial blocs. These amendments require the legislation to return to the Chamber of Deputies for a second review. To address industrial concerns raised by the Unión Industrial Argentina (UIA), the 20% local procurement quota will now exclusively apply to goods effectively produced within Argentina, preventing the use of imported products through commercial intermediation. Additionally, to protect provincial power grids, large-scale electro-intensive projects, such as AI megacenters, must implement their own electricity generation systems. The proposal specifically targets Big Tech companies by offering protected legal frameworks for the material infrastructure required for AI. However, the initiative has sparked debate regarding the environmental and social costs associated with the intensive use of energy, water, and minerals needed to sustain these technologies. While the government expressed reservations that ~~these~~ certain requirements might deter investment, the changes were deemed necessary for legislative support. The framework continues to offer incentives for investments exceeding USD 1 billion, including a reduced 15% income tax rate, accelerated investment amortization, and exemptions on import and export duties. ~~Separately, the UIA has criticized current economic management, citing a decline in manufacturing activity and industrial job losses.~~

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