Overview
- The national government, which published Decree 273/2026 on Friday, declared a private proposal of public interest and set a public tender to be called within 60 days.
- The contract outlines a 30-year concession funded entirely by the private sector, with the operator paying a monthly fee and taking on all works, operations, and commercial use.
- TEBA S.A., the incumbent since 1993, will keep services running on a temporary basis until the handover to the new concessionaire to prevent service breaks.
- Technical agencies endorsed the plan’s feasibility, and four groups have submitted proposals including Inverlat Investments, Service Trade, Inversiones Peirod and BV Investment.
- Retiro moves more than 10 million passengers a year and over 300,000 services, and a separate Salta terminal tender with two bidders signals a broader push to upgrade bus hubs with private financing.