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Discover why Argentina has the potential to become a significant player in aquaculture. With strong natural resources, wide availability of raw materials, and a strategic sector recognized by the government, Argentina offers great diversity of natural environments suitable for aquaculture. Take advantage of tax incentives, financing options, and coordinated efforts to develop aquaculture in Argentina.
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WHY ARGENTINA AQUACULTURE MARCH 2019
COMPETITIVE ADVANTAGES TO DEVELOP AQUACULTURE IN ARGENTINA ARGENTINA HAS THE POTENTIAL TO CONSOLIDATE AS A SIGNIFICANT PLAYER 1 • Strong natural resources: excellenttemperature conditions and wide availability of fresh water + extensive mariculture areas • Wide availability of raw materialfor aquafeeds (corn, wheat and soy) • Identified as a strategic sector by the government. New regulatory framework to promote the sector • Renowned organizations and universities focused on developing the aquaculture industry 2 3 4
GREAT DIVERSITY OF NATURAL ENVIRONMENTS SUITABLE FOR AQUACULTURE ARGENTINA HAS THE POTENTIAL NEEDED FOR THE DEVELOPMENT OF SALMONIDS AND MUSSELS AQUAFEEDS IN BIG SCALE* SEA TEMPERATURE COMPARISON** USHUAIA (ARGENTINA) VS. TROMSØ (NORWAY) The country has wide suitable areas certified cero diseases and antibiotic free zones TROMSØ USHUAIA Source: *FAO Fisheries and Aquaculture Technical Paper 549 (ISSN 2070-7010) **Undersecretary of Fishery
AQUACULTURE WAS IDENTIFIED AS A STRATEGIC SECTOR FOR DEVELOPMENT 100.000 TN PRODUCTION BY 2025 Tax incentives and financing for new technological ventures: subsidized financing, no import tariff on equipment and early amortization Law 27.231, to encourage sustainable development of aquaculture with fiscal benefits Joint ventures for aquaculture development among private investors, universities and public sector (eg, Innovacua) Development of technological district for research & development COORDINATED EFFORTS BY
COOPERATION WITH STRATEGIC PARTNERS MASTER FRAMEWORK AGREEMENT OF COOPERATION FOR THE DEVELOPMENT OF AQUACULTURE • ThefirststageoftheNationalProgramwillcover Patagonia region. Tierra del Fuego wasthefirstto suscribe by a specificagreement • Resultsto be presentedduring Q2 2019 5
HOW WE CAN HELP We promote the internationalization of Argentine companies and facilitate private investments in Argentina OUR SERVICES: NETWORKING DUE DILIGENCE SUPPORT IDENTIFICATION OF OPPORTUNITIES AND LOCATION FACILITATION IMPROVEMENT OF BUSINESS CLIMATE AFTERCARE 6
FOR MORE DETAIL ABOUT INVESTMENT OPPORTUNITIES WHERE IN ARGENTINA SELECTED INVESTMENT OPPORTUNITIES WHY ARGENTINA BY SECTOR DOING BUSINESS IN ARGENTINA
Francisco Urangafuranga@inversionycomercio.org.arTomás D’Amicotdamico@inversionycomercio.org.ar María Melinsky mmelinsky@inversionycomercio.org.ar Miguel Mitre mmitre@inversionycomercio.org.ar Phone: +54 11 5239 4490 welcome@investandtrade.org.ar