Santiago → Pucón → Puerto Varas → Bariloche →Buenos Aires
Discover this Beautiful City's New Investment Opportunities
Buenos Aires is the capital and largest city of Argentina with a growing population of 13 million. Located on the continent's southeastern coast, "The Pearl" of South America is an exciting place to visit.
Tourists enjoy an endless variety of activities, including walks along the Avenida de Mayo, guided historical tours, or coffee on the Avenida 9 de Julio. Nightlife offers Tango shows, dinners in a typical "parrillada," or a visit to a pub to listen to live rock or jazz bands.
Buenos Aires serves as Argentina’s major trading center, which plays a key role in the region’s economy. Chief exports include wheat, meat, and wool. Similarly, much of the nation’s imports come through the city. Agriculture industries represent a central component of the Buenos Aires industrial base, with flour milling, meatpacking and refrigeration, consumer products, durable goods, and food-oil processing accounting for much of this activity.
Sara's Investment Outlook
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Prime coast location has made Buenos Aires not only a city of beauty, but also a major port city involved in exports of every kind for South America. A growing population contributes to Buenos Aires's consumer-driven economy, with the services sector accounting for 78% of the city's economy.
That means telecommunications companies like Telecom Argentina (TEO:NYSE) and financial services companies Grupo Finaciero Galicia S.A. (GGAL:NSADAQ) are major areas of investment.
In attempts to secure the Argentine stock market and economy as a whole, the government is on a path to nationalizing a number of major areas, like its premier airline Aerolineas and its $30 billion pension system. Perhaps sectors with international and export connections, like agriculture company Cresud Inc. (CRESY:NASDAQ) would be a safer bet.
