Transformation of INVAP into a joint-stock company in Río Negro

The government of Río Negro begins the transformation of INVAP into a joint-stock company, generating controversy and fears of privatization. What will be the future of this emblematic company?


Transformation of INVAP into a joint-stock company in Río Negro

The government of Río Negro, following the emergency decree from President Milei, has begun the process to transform INVAP into a corporation. This measure has caused controversy and raised questions about the potential privatization of this emblematic state-owned company, recognized for being a leader in technological development in Argentina.

The transformation of INVAP into a corporation, promoted by the authorities of Río Negro, raises uncertainty about the direction this vital company for the country will take. While it is claimed that the intention is to modernize the company, there are concerns about whether this change could be the first step towards its privatization.

In alignment with the national government's policies, the province of Río Negro has taken a significant step towards converting INVAP into a corporation. This measure, framed in emergency decree No. 70/2023, has triggered an intense debate about what the future holds for the company and the consequences of altering its management model.

***Quote:*** "It is essential to carefully analyze the implications of this transformation to ensure that the strategic interests of our country are safeguarded," stated a representative of the opposition, reflecting the concerns surrounding the decision made by the government of Río Negro.