Friday, December 30, 2011

Announced record exports from Buenos Aires

The Minister of Production, Science and Technology, Buenos Aires, Cristian Breitenstein, announced that the province of Buenos Aires "This year marked a new record in exports", adding about 28 billion dollars, while weighted level investments "that amounts to 10 billion dollars", 9.1 percent more than in 2010.

"The province has established itself as not only production engine but also a receptive place for investment and export profile with a clear," he said Breitenstein during a meeting with Governor Daniel Scioli.

He said that "from 2001 to 2011, Argentina has doubled its Gross Domestic Product and the Province that explains 35% of the Gross National Product."

The minister proposed to Scioli that Buenos Aires will have "a real growth of 8% in its economy over the 2010" and said the main objective of his administration "is to continue the 2020 Industrial Plan announced by President Cristina Fernandez de Kirchner" .

Breitenstein said he wanted "in the links add value and supply chains across the province of Buenos Aires" and pointed to the nesting area of ​​Science and Technology Ministry level that involves "building a strategic partnership with all sectors of science and technology in the province accounting for 50% of Argentina's ability. "

The minister also highlighted the Governor's announcement in the Legislative Assembly on each industrial park should have a trade school, because it will "also fit between education and production, generating entrepreneurs, renovated offices and, most importantly, understand that in the present to ensure in the future is innovation. "

According to a report by the performing portfolio, manufacturing industrial source of $ 14,400 million accounted for 51% of sales outside the province followed by primary products and manufactures of agricultural origin with 22% and 21%, respectively.

The provincial industrial development was manifested in tune with the national and the production of the manufacturing branches that accompanied this growth area is in Buenos Aires.

In this regard, Breitenstein mentioned that automotive manufacturing in the province will reach the 470 000 units, 18% more than in 2010, which accounted for 55% of the units manufactured in the country.

According to the report there is also growth in other sectors such as steel, which accounts for 65% of national production, with a 9% growth in steel production and 6% of hot rolled.

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