# Economic development in Córdoba, Argentina > Live situation record from CLSTR: https://clstr.news/situations/economic-development-in-crdoba-argentina > Updated: 2026-10-13T20:11:31.000Z. Sources: 31. Developments: 2. The Government of Córdoba, Argentina, has announced $240.5 billion in private investments intended to stimulate development in the province’s Northwest and South-South regions. Through the Provincial Investment Tax Program (IPI) and the Territorial Equality Plan (PIT), authorities have approved 40 business projects across 21 localities. These projects cover various sectors, including industry, tourism, health, and the primary sector. Notable examples include a corn bioethanol plant in Huinca Renancó and the restoration of the Hotel Yacanto in San Javier. To attract this capital, the government is providing fiscal incentives such as exemptions from Stamp Tax and the return of up to 100% of the Gross Income Tax. Governor Martín Llaryora stated the plan focuses on providing infrastructure to underdeveloped areas to reduce regional inequality. The initiatives are expected to create over 900 direct jobs and more than 3,000 formal jobs in total. ## Timeline ### 2026-10-13: Máximo Kirchner criticizes RIGI investment regime and vows audits Deputy Máximo Kirchner criticized Argentina's RIGI investment regime as a ‘statute of colonialism’ and vowed to audit all approved projects if Peronism wins the 2027 elections. 29 sources. https://clstr.news/cluster/crdoba-announces-2405-billion-in-private-investments ### 2026-10-10: Córdoba to host Mediterranean Capital of Culture and launch Smart Economy project Córdoba will become the Mediterranean Capital of Culture and Dialogue in 2027 and is investing 6 million euros in a ‘Smart Economy’ project to drive digital transformation and regional development. 2 sources. https://clstr.news/cluster/crdoba-to-host-mediterranean-capital-of-culture-and-launch-smart-economy-project --- Cite as: Economic development in Córdoba, Argentina. CLSTR, https://clstr.news/situations/economic-development-in-crdoba-argentina