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Argentina Will Begin Privatizing Public Toll Roads

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President Javier Milei’s administration has begun to cut ties with state-run toll companies in order to privatize tolls in Argentina. “The federal government announced [on Friday, February 14] the beginning of the privatization process of the public company [Corredores Viales], which manages tolls on some of the country’s main highways,” H2FOZ reports. “Corredores Viales manages, among other important roads, National Route No. 12, in the provinces of Misiones and Corrientes. The highway connects Puerto Iguazú with the rest of Argentina, and is used for access to the border.”

LatinFinance (registration required) also covers this story, noting that the government has also pledged to eliminate rate subsidies for drivers.