Market Report, "Argentina Infrastructure Report Q3 2012", Published
BMI View: As foreign private investors become increasingly wary of Argentina, in the wake of the governments announced plans to nationalise Spanish oil major Repsol's holdings, the outlook is weak for new developments. China remains a dominant force in Argentina's construction industry, thanks to a US$10bn credit agreement extended by the country. Industry value is forecast to reach US$27.7bn in 2012, with year-on-year (y-o-y) growth of 3.3%. The sector is then expected to grow to US$49.3bn by 2016.
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