“On the wrong path”, the report circulating among businessmen

On the wrong path is the title of the report on the National Roads Directorate carried out by the National Auditor General. The work circulates among prominent businessmen who seek to know the extent of the cause that holds Cristina Kirchner in suspense.

Giuliano Rosso compiled the Audit documents when he was chaired by the deceased Leandro Despouy. The research, published by CECE, shows that Vialidad had a bad management in the process of construction, improvement and maintenance of road works between 2003 and 2015.

Mention three main pillars that guaranteed a marked atmosphere of institutional weakness and excessive discretion: “The first is the celebration, without specifying the causes, of agreements between the National Traffic Administration (DNV) and the provinces for the execution of road works through the provincial traffic authorities; the second is a control system failed, monitoring and follow-up of works in general by DNV, with very well known shortcomings; and the third are Main flaws in technical and budget planning of road projects in any of their forms of execution and financing.

This institutional context posed a significant risk to the state that did not manifest itself solely through the cost of the works and its impact on public finances, which in that period was $ 27 billion. Furthermore, “was reflected in a inefficient stock of road infrastructure due to the departure from objective criteria in the selection of projects. This situation finds its origin in a poor investment prioritization process which often translates into the choice of works with a low commercial, social and road safety impact, leaving aside, or under-execution, strategic projects “.

It is concluded that the development of road infrastructure carried out in period 2003-2015 through public works it went against international good practices. In budgetary terms, these agreements do not reflect expenditure proportional to the structures, resources and territorial dimensions of the jurisdictions, but determined on a discretionary basis without clear or technically justified justifications.

In this sense, the data between 2003 and 2015 indicate that provinces such as Santa Fe or Córdoba, with a large national and provincial road network, received respectively only 5.4% and 3.4% of the resources from agreements. . On the contrary, the province of Santa Cruz leads the ranking with 24.5% of the funds stipulated in the agreements equal to US $ 1,240 million accumulated between 2003 and 2015.

Travel to Uruguay

The absence of Nicolás Pino, president of the Ruralin Thursday’s meeting with the Secretary of Agriculture, he is linked to the electoral process that the body is going through.

The elections are on the 22nd and there is an opposition list with a very conflicting speech led by Alejandro Ferrero and Mercedes Lalor.

At first, the current authorities underestimated the power of the opposition list, but realized they could go as far as challenging the leadership. To such an extent that Pino himself went to Uruguay in search of votes from many members who moved their residence.

A factory for Alberto

Alberto Fernández will finally have the pleasure of inaugurating a production plant. It will be on October 19th in Fatima on the feast of Pilar, when the American Whirlpool will start the new washing machine factory designed for export to Brazil after an investment of 52 million dollars.

Two-thirds of the 300,000 units per year will go to Brazil in what is a global strategy of this multi-thinking in production complementation. The new plant, which occupies 30,000 square meters, will generate 1,000 jobs. And it has the strict standards of World Class Manufacturing, which means the latest global manufacturing technology, caring for the environment, hiring 50% of women, among other features of a certification that allows you to export to countries developed.

In this way they become the first appliance factory to export and this allows them to have no problems with 40% of the parts they have to import for production. Whirlpool invented the washing machine in the world and tries to change the style used by Brazilians, larger and top loading, for the side loading one that predominates in Argentina. Luxury Link shines among its speakers. Last year it recorded global sales of $ 22 billion.

bricks and bitcoin

Suddenly real estate investment from holding ownership or buying building materials using cryptocurrencies it has become fashionable.

In Argentina Criptoladrillo has emerged which allows you to save on tokens and convert them into all kinds of building materials and home equipment. They have added Construnort as distribution and trading centers to other corralones chains.

From Chile, Daniel Pardo founded Wbuild to invest with many others in blockchain-based properties. They started with real estate in Miami. Pardo is an experienced real estate investor with over 250 blockchain-related and was the Undersecretary of Tourism in Chile in the administration of Enrique Piñera. Wbuild has landed in Argentina and is considering investments in tourist sites.