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Argentina Sets Oct. 8 Bid Opening for First Road Concessions Under Milei Plan

Draft terms require private financing to restore routes before tolls start, raising questions for prospective bidders.

Overview

  • The government formalized Stage 1 through Resolution 57 published in the Official Gazette, confirming the envelope opening on October 8 after a 30‑day postponement requested by bidders.
  • Stage 1 covers 741 kilometers across the Oriental and Conexión tracts, including national routes 12, 14, 135, A‑015, 117 and 174.
  • Final tender documents for stages 2 and 3, covering 8,384 kilometers, are due to be posted in the coming days on the Contrat.ar platform for national and international bids.
  • Draft conditions set no upfront canon, require investment to reach defined “transitability,” activate tolls afterward at illustrative car rates of AR$4,200 per 100 km, and apply automatic indexation formulas.
  • Required guarantee bonds are sizable—AR$3,600 million for the Oriental tract and AR$1,000 million for Conexión—while the Oriental corridor currently has lifted toll barriers, notable deterioration, and traffic roughly doubled over two decades.