The National Government decided, in line with Article 168 of the Bases Law, to extend, on a one-time basis for one year, starting from July 8, 2026, the deadline to join the Incentive Regime for Large Investments (RIGI), with the goal of supporting the structuring and decision-making of large-scale projects that, due to their nature, require longer maturation periods.
The measure also incorporates the possibility of including projects for the exploitation and production of new offshore liquid and gaseous hydrocarbon developments (oil and gas sector), establishing a minimum investment amount of USD 600 million for these projects. With this measure, the Government seeks to accelerate large-scale investments that increase production and strengthen the country's export profile.
The norm also organizes and simplifies the implementation of the regime. On the one hand, it updates definitions to clarify what types of projects qualify, avoiding ambiguous interpretations and ensuring that the benefits apply to new and significant investments. On the other, it redefines the concept of new product, to incorporate the particularities of the technology sector, which is characterized by having products with a short life span where changes do not always manifest in the form of higher production volumes.
Likewise, it establishes clearer rules so that companies already operating projects in Argentina can join significant expansions of said projects, ensuring that the incentives apply to that new investment and not to preexisting operations, while also strengthening the separation and traceability mechanisms by which different activities coexist within the same business structure.
The decree also improves the operability related to suppliers and imports associated with the projects, clarifying which goods can be imported, what use they must have, and what documentation is required, thereby strengthening traceability and control. Finally, it orders evaluation procedures and administrative aspects to provide greater predictability and reduce discretion.
Since its operational regulation, the RIGI Regime has already shown concrete results: 10 projects were approved for a total of USD 25.479 billion, confirming that when there are clear rules, stability, and predictability, private investment arrives.
The RIGI Regime is a central tool for Argentina, a country that is leaving behind an entrepreneurial and discretionary State, in order to move towards to a model of economic freedom, stable rules, and competition, where the private sector can invest, produce, export, and generate employment.
