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Investment-Starved Argentina Asks CEOs to Take Another Look

  • Macri inviting world’s businessmen to see country’s changes
  • Despite plenty of pledges only $1.3b FDI entered in first half
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President Mauricio Macri sees foreign investment as key to Argentina’s economic prosperity. This week, he will try to convince the world’s businessmen that they too should share that vision.

The president has invited the CEOs of Siemens AG, Coca-Cola Co., Dow Chemical Co. and 2,000 other investors to join his entire cabinet in a three-day forum in Buenos Aires starting on Tuesday to once again spread the word that Argentina has turned a new leaf after 12 years of protectionism and belligerence under his predecessors, the Kirchners.