Invest in Madrid’s tour of Argentina has resulted in several companies committing to open subsidiaries in the Community of Madrid in sectors such as energy, food, industry, and information technology.
Argentinian capital has chosen the Community of Madrid as the destination for its internationalization plans. Invest in Madrid’s intense schedule of meetings with Argentinian entrepreneurs during its recent tour of Argentina has resulted in several of them committing to open a subsidiary of their business in the Community of Madrid, as expressed by themselves in the 25 bilateral meetings held during these days.
The objective of this tour was to attract projects to the region, which led a team from Invest in Madrid, led by its CEO, Luis Socías, to spend three days getting to know the business fabric and the entrepreneurial and innovation ecosystem of Buenos Aires and Rosario, two of the most economically dynamic areas of the Southern country.
During this institutional visit, the director of Invest in Madrid and his team held a schedule of 25 meetings with companies, in addition to various encounters and forums with other agents and institutions in Argentina, where they presented the advantages that the Community of Madrid offers to foreign investors in terms of legal security, profitability, low taxation, and institutional stability.
Additionally, they visited different innovation projects carried out both by the Argentine Public Administration and the private sector, with the intention of sharing lines of action to develop common strategic objectives related to high-value-added sectors such as digitalization, mobility, or biotechnology.
Getting to Know the Buenos Aires Ecosystem
The first day of the visit took place in Buenos Aires City, where Invest in Madrid got to know some of the most cutting-edge initiatives such as the Innovation Park, where the commitment to sustainable mobility was evident.
Subsequently, Luis Socías participated in a session with companies and investors from the ICT sector to attract projects in cybersecurity or artificial intelligence, an event that took place at the CAECE University, located in the technological district of Buenos Aires. The startup strategy also had a place on this first day with the visit to Expansión Holdings, with whom the aim was to find new business models for these emerging companies in Argentina.
Invest in Madrid's Argentine Tour
Investment Forum
The highlight of the institutional trip took place during the second day with the Investment Forum, a meeting with over 100 Argentinian entrepreneurs who were explained firsthand the many competitive advantages that the Community of Madrid offers to foreign investors. At the event, organized with the Spanish Chamber of Commerce of the Argentine Republic, Luis Socías highlighted the “predictability, confidence, stability, and legal security that the Community of Madrid offers to investors who want to bet on it.”
During the event, two success stories of Argentine capital companies in Madrid were presented: Insud Pharma, a biopharmaceutical company, and Globant, an Argentine unicorn in software engineering and information technology. After the event, the three representatives of Invest in Madrid held a large number of individual meetings with Argentinian investors to analyze possible investment projects in the Community of Madrid.
Rosario, a Powerful Business Hub
On the third day, the Invest in Madrid team traveled to the Metropolitan Area of Rosario, in the province of Santa Fe. There, they had the opportunity to get to know the city’s innovation ecosystem, which has stood out for promoting and fostering emerging companies related to the biotechnology sector. Invest in Madrid held numerous personal meetings with companies in the city during this third and final day, which showed interest in opening an innovation project in the Community of Madrid given the facilities that the region offers for this type of projects.
Commitment to Ibero-American Investment
Invest in Madrid’s trip to Argentina is part of the collaboration agreement signed three months ago between the Ministry of Economy, Finance, and Employment of the Community of Madrid and the Ministry of Economic Development and Production of the Government of the Autonomous City of Buenos Aires, aimed at promoting business internationalization and mutual cooperation in foreign trade.
Invest in Madrid’s visit to Argentina is further evidence of the Community of Madrid’s strong commitment to attracting investments from Ibero-America to the region, a key region for Madrid’s productive development. Argentina is the fifth country in the region visited in person by Invest in Madrid, after Mexico, Chile, Colombia, and Peru.