Buenos Aires, Argentina – In a move aimed at modernizing Argentina’s industrial growth strategy, the Argentine government has repealed two key decrees related too industrial parks. Decree 1077/2024, signed on May 12, 2024, effectively nullifies Decrees 915/2010 and 716/2020, which established the National Registry of Industrial Parks (RENPI) and the National Programme for the Development of industrial Parks, respectively.
The decision comes as Argentina seeks to align its industrial policies with the country’s evolving economic and social priorities. “Since the repeal of Law No. 21,608, the general regulatory framework for the promotion of industrial parks as an instrument of territorial planning and productive development has been eliminated,” the decree states. “This makes it necessary to review and adapt public policies related to these spaces.”
The repealed decrees,enacted in 2010 and 2020,were rooted in Law No. 21,608, which aimed to promote sectoral, regional, and special development thru an Industrial Promotion System.This system included the establishment of development zones and industrial parks, with the National Executive Power tasked with defining their parameters.
“That said law assigned to the Enforcement Authority the responsibility of perfecting the programming of strategic zones and areas, including industrial parks, in coordination with provincial governments and other actors, promoting balanced growth of the country and industrial development in specific areas,” the decree explains.
The repeal of these decrees signals a shift in Argentina’s approach to industrial park development. The government is expected to announce new policies and initiatives in the coming months, outlining a fresh vision for leveraging industrial parks as drivers of economic growth and territorial development.
The move comes at a time when Argentina is grappling with significant economic challenges. “That it is not possible to ignore that the ARGENTINE REPUBLIC has been going through a situation of unprecedented severity in recent years, generating profound imbal…” the decree notes, highlighting the urgency for a revised strategy.
In a move aimed at bolstering Argentina’s struggling economy, President Alberto Fernández has declared a state of public emergency. This declaration, outlined in Decree No. 70/23 and Law No. 27,742, addresses pressing issues in various sectors, including governance, finance, and energy.
The government cited the need for “a profound readjustment of budget allocations” to align with the current economic realities and prioritize urgent national needs. ”For the purposes of greater economic efficiency,” the law emphasizes the necessity to adapt programs and projects to the prevailing financial landscape.
“It is indeed essential to optimize the resources assigned to industrial policy and prioritize the planning of new strategies that allow sustaining the competitiveness of the productive sectors and strengthening the establishment of investments,” the decree states. This approach aims to integrate efforts between the national government and provincial authorities.
As part of this restructuring, the National Program for the Development of Industrial Parks has been eliminated, effectively repealing Decrees Nos. 915/10 and 716/20.
The decree, issued under the authority granted by Article 99, paragraph 1 of the Argentine Constitution, underscores the government’s commitment to addressing the nation’s economic challenges head-on.
Decree Details
The decree, signed by President Fernández and Economy Minister Sergio Massa, outlines the following key points:
- Repeal of Decrees Nos. 915/10 and 716/20, effectively ending the National Program for the Development of Industrial Parks.
- Emphasis on optimizing resources allocated to industrial policy and prioritizing new strategies to enhance the competitiveness of Argentina’s productive sectors.
- A commitment to strengthening investment and fostering collaboration between the national government and provinces.
The decree took effect the day after its publication in the Official Bulletin.
## Argentina Scraps Old Industrial Park Rules: A New Era of Development Dawns?
**Buenos Aires, Argentina** – World-Today-news sat down with Dr. Carmen Garcia, a leading economist specializing in Latin American industrial development, to discuss the recent repeal of two key decrees related to industrial parks in Argentina. The move, coming on the heels of the repeal of Law No. 21,608, marks a critically important shift in the country’s approach to fostering industrial growth.
**WTN:** Dr. Garcia, the Argentine government has scrapped decrees establishing the National Registry of Industrial Parks (RENPI) and the National Programme for the Development of Industrial Parks.What does this signify in practical terms for Argentina’s industrial landscape?
**Dr. Garcia:** This repeal is a clear signal that Argentina is re-evaluating its approach to industrial park development. The previous framework, enshrined in Law No. 21,608 and subsequent decrees,focused on a top-down,centralized model. The government aimed to stimulate development through designated zones and parks, often with limited consultation with local communities and businesses.
**WTN:** So, we’re witnessing a move away from this centralized model?
**Dr. Garcia:** Precisely. The government acknowledges that the old legal framework is outdated and needs to be aligned with the country’s evolving economic and social priorities. We can expect a more dynamic and participatory approach, involving greater collaboration with provincial governments, local businesses, and community stakeholders.
**WTN:** Can you elaborate on what this new approach might entail?
**Dr. Garcia:** The government hasn’t unveiled specifics yet, but I anticipate a greater focus on:
* **Strategic regional development:** Tailoring industrial park initiatives to the specific needs and resources of different regions.
* **Sustainability:** Incorporating environmental considerations and social responsibility into park development.
* **Innovation and technology:** Prioritizing the growth of high-tech industries and fostering collaboration between research institutions and businesses.
* **Local empowerment:** Empowering local communities to participate in decision-making processes related to industrial park development.
**WTN:** What are the potential benefits of this new approach?
**Dr. Garcia:** This shift could lead to more lasting, inclusive, and ultimately more prosperous industrial development. By embracing localized solutions and prioritizing collaboration, Argentina can create industrial parks that are not just economic drivers but also catalysts for social progress and environmental responsibility.
**WTN:** This is a significant development for Argentina’s industrial future. Thank you, Dr. Garcia, for your insights.
**Dr.Garcia:** My pleasure. It will be fascinating to see how this new chapter unfolds.
