The Argentine government has made significant increases to its infrastructure budget for 2006.
According to the latest government figures, Argentina’s total budget for 2006 comes to $32.31 billion, which is $3.46 billion more than a year earlier. “For 2006, we’ve got $3.70 billion set aside for infrastructure,’’ said Planning Minister Julio de Vido.
The planning minister explained that ports, highways and other projects, such as the Plan Circunvalar—a project that will decongest highway and railroad traffic in the nearby port town of Rosario—are slated to receive government money in 2006.
Argentina is a large producer of soy and other agricultural products, and booming demand in Asian countries, namely China, has prompted the government to improve infrastructure in order to allow producers to get their goods out quicker.
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