Post by account_disabled on Feb 20, 2024 3:58:20 GMT -5
In the midst of the political discussion about the Omnibus Law that the Executive Branch seeks to approve this week and after the ratification of the Minister of Economy Luis Caputo that the objective of reaching zero deficit remains firm, the Argentine Chamber of Construction warned about the situation of paralysis that its sector is experiencing and that affects 3,500 projects and "countless" associated companies and that affects half a million workers.
Camarco called his Federal Council to meet next Thursday, February 1 to "define lines of action." "The meeting takes place in the midst of a general paralysis of public works, with nearly 3,500 unfinished projects throughout the country, which put at risk the activity of the 1,400 companies associated with CAMARCO that employ more than 500,000 workers," he explained . the business association in a statement.
The sector also has a multiplier effect Asia Mobile Number List on employment and the general economic activity of more than 140 productive sectors, of great relevance throughout the national territory," highlights the statement.
The Federal Council of the Argentine Chamber of Construction is the highest body of the institution, where more than 1,400 member companies of all sizes are represented. It is also made up of Delegations located throughout the country.
Camarco highlighted that this meeting "is called in an extraordinary manner due to the seriousness of the situation: they hope that the councilors of each place will present the problems that affect the sector, such as the stoppage of public works, the delay in payments, the impact of high inflation and high interest rates.
This is an equation that puts the continuity of many companies at risk, with the loss not only of capital but also of the productive knowledge that this implies, and the consequent impact on employment," the business chamber warned.
Along these lines, days ago the president of the entity, Gustavo Weiss, had warned that the sector was going through an unprecedented" crisis. «We have gone through periods of paralysis but this crisis impacts us with many works in progress, with companies with a lot of burden, a lot of debt. In 2001, companies had few contracts, so they were able to cope,” said The Businessman.
If there was money, it would be easy. But we have to see if the solution is enough for 10% of the works in progress or for 70%. We already know that it will not be 100%. But we do know that the solution is not short-term. Without a doubt, the works will continue to stop in the long term,” the leader had said.
Now we are trying to get "urgent definitions" At Camarco they warn that "the breakdown of the payment chain puts companies on the brink of disappearance in a matter of weeks."
The call aims to open a space for dialogue and joint action between actors in the sector, in search of strategies that will allow us to overcome this drastic situation and reactivate public works in Argentina," the statement concludes.
Camarco called his Federal Council to meet next Thursday, February 1 to "define lines of action." "The meeting takes place in the midst of a general paralysis of public works, with nearly 3,500 unfinished projects throughout the country, which put at risk the activity of the 1,400 companies associated with CAMARCO that employ more than 500,000 workers," he explained . the business association in a statement.
The sector also has a multiplier effect Asia Mobile Number List on employment and the general economic activity of more than 140 productive sectors, of great relevance throughout the national territory," highlights the statement.
The Federal Council of the Argentine Chamber of Construction is the highest body of the institution, where more than 1,400 member companies of all sizes are represented. It is also made up of Delegations located throughout the country.
Camarco highlighted that this meeting "is called in an extraordinary manner due to the seriousness of the situation: they hope that the councilors of each place will present the problems that affect the sector, such as the stoppage of public works, the delay in payments, the impact of high inflation and high interest rates.
This is an equation that puts the continuity of many companies at risk, with the loss not only of capital but also of the productive knowledge that this implies, and the consequent impact on employment," the business chamber warned.
Along these lines, days ago the president of the entity, Gustavo Weiss, had warned that the sector was going through an unprecedented" crisis. «We have gone through periods of paralysis but this crisis impacts us with many works in progress, with companies with a lot of burden, a lot of debt. In 2001, companies had few contracts, so they were able to cope,” said The Businessman.
If there was money, it would be easy. But we have to see if the solution is enough for 10% of the works in progress or for 70%. We already know that it will not be 100%. But we do know that the solution is not short-term. Without a doubt, the works will continue to stop in the long term,” the leader had said.
Now we are trying to get "urgent definitions" At Camarco they warn that "the breakdown of the payment chain puts companies on the brink of disappearance in a matter of weeks."
The call aims to open a space for dialogue and joint action between actors in the sector, in search of strategies that will allow us to overcome this drastic situation and reactivate public works in Argentina," the statement concludes.