Our Managing Partner, Francisco Peroni, published an interesting article on the need of investments in the country, on the newspaper 5 días:
” Five Reasoning Minutes!
We are one of the countries in the region with the highest macroeconomic stability and an order growth of 4%. As a country, we adhere to the polices stablished by the Organization for Economic Cooperation and Development (OCDE).
Despite this, we are one of the countries with the lowest direct investment in the region, we are still seeking to obtain the investment grade qualification that would undoubtedly enable the current funds and capitals that abound in the world to put the country in the spotlight of their investments projects and portfolios, surely doubling or tripling national and foreign investments in a few years and lowering the credits of such projects.
The question then is: What is missing or what should be done? Undoubtedly, among others, important changes are missing in the public sector, the assets control and the updating of the connectivity means such as land, river, air, internet, and communications.
What we should fundamentally understand is that, as long as there is no comprehensive reform in the judicial system, transparency and impartial justice, there won´t be reforms that will allow obtaining the investment degree, real generation of work sources and sustainable growth in time.
If the society; among them the economic circles, has no reliable place on which to settle differences and solve conflicts within reasonable times, nobody will undertake the risk to invest in our country.
Understand this shouldn’t take more than five reasoning minutes.”
