Two electronic companies increase investments in Tierra del Fuego

Sunday, January 8th 2012 - 05:20 UTC

Full article 13 comments

Two companies involved in electronics announced investments of 450 million Argentine Pesos (over 100 million dollars) in Tierra del Fuego for the production of electrical appliances. Read full article

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geo
BUT
the electronic sectors can not able to produce meaningful employment increasings.
Jan 08th, 2012 - 11:57 am - Link - Report abuse 0
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ChrisR
More importantly for the companies, will their money ever get out of the country?

NO CHANCE uless it's in CFKs suitcase, or Fat Boys or Thin Girls, etc.
Jan 08th, 2012 - 07:12 pm - Link - Report abuse 0
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O gara
I dont think.there would be any investment if they had worries like this.However despite being a fan of Cristinas overall policies these TDF factories are overprotected.The duties on the goods they produce should be progressively and transparently cut year by year to give them time to compete or else
Jan 09th, 2012 - 12:14 am - Link - Report abuse 0
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yankeeboy
What is absolutely pathetic is a U$90 Million investment makes news in Argentina. More gov't created news..look over here its not so bad.
Jan 09th, 2012 - 03:50 am - Link - Report abuse 0
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O gara
Well yankee in november you were busy telling us Argentina was fu..ed a run on the peso bla bla bla now the dollars are flowing into the BCRA and the merval is the fastesst growing stock market on the planet.Tell us genius how you got it so wrong AGAIN
Jan 09th, 2012 - 08:34 am - Link - Report abuse 0
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yankeeboy
Peso is $4.70 in the gray market, $4.33 in the gov't controlled market a yoy 8% losss, BCRA spent U$ 2BILLION trying to support it in December almost 5% of the Reserves! You are f''ed you're just too stupid to see it.

BTW, One day of gain doesn't make it the fastest growing stock market in the world idiot. It lost 19% last year! Hardly a sign things are doing well.

So how was I wrong?

I never gave you a timeline for system crash I only said soon..

So are you Irish living in Argentina? Why won't you answer it is a very simple question.
Jan 09th, 2012 - 01:50 pm - Link - Report abuse 0
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ChrisR
6 yankeeboy

O gaga is not Irish.
Jan 09th, 2012 - 03:17 pm - Link - Report abuse 0
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yankeeboy
I know, but I like to ask every time he responds to my posts to make him look even more ridiculous although his stupidity does that pretty well all by itself. A few weeks ago he publicly said he would ignore me but alas he finds me irresistible.
Today there is a story in LaNacion about the import restrictions saying you can't buy a clothes iron! It is just a mater of time before they start running out of everything and the shelves look like Russia before the collapse. What a ridiculous place...
Jan 09th, 2012 - 04:15 pm - Link - Report abuse 0
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O gara
Yankeeboy If you were able to read my posts I have said several times that I am indeed Irish.If you or some of the others who feel nostalgia for empire choose to beleive me fine.If you dont equally so as far as I am concerned its your choice.
La Nacion is about as reliable as Pagina 12 on the other side of the coin.There are no end of irons available in Buenos Aires.Whats nearer to The USSR before the collapse is the UK.
Jan 09th, 2012 - 07:05 pm - Link - Report abuse 0
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yankeeboy
Actually the question is, Are you Irish living in Argentina?

Yeah Yeah all news in unreliable except what CFK and her minions publish....
Don't you know how dumb you sound?

BTW the peso is up another 1/2 cent today $4.335 and BCRA bought U$50MM but... but...hold on.... the gray (true) market is $4.80 ...wow I thought it was doing so well there. Someone is not telling the truth....

BTW weren't you going to stop answering my posts? What happened?
Jan 09th, 2012 - 08:00 pm - Link - Report abuse 0
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Marcos Alejandro
10 yankeeboy

Actually the question is, Are you fredbdc living in Argentina?
Jan 10th, 2012 - 03:19 am - Link - Report abuse 0
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ManRod
rather the big question would be:

How much did the government pay (subsidies, bribes), in order an electronic company moves it's producing focus out of the area that counts (southeast asia) and moved to the end olf the world, taking in consideration higher infrastructure costs, higher logistic costs, higher salaries.
I am quite sure, the balance is not very positive (or positive at all) for the pax-payer.
Jan 11th, 2012 - 03:43 pm - Link - Report abuse 0
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Marcos Alejandro
“Motorola, Nokia, to manufacture mobiles in Argentinean island
Not the Malvinas. Following LG, Samsung, and the Brazilian example”

“Argentina's south-most province of TDF has had an industry promotion law for years, which allowed it to receive investments in the manufacture and assembly of electronics and household appliances in the country. Promoting the assembly in the country instead of importing finished goods is a line of thought first started in the region by Brazil.

”A new law which gives additional tax incentives for local production along with removing previous tax exemptions for imports has started to have the desired effects,”

Read more: http://news.techeye.net/mobile/motorola-nokia-to-manufacture-mobiles-in-argentinean-island#ixzz1jCMopAfP
Jan 12th, 2012 - 12:20 am - Link - Report abuse 0
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