Argentine to Privatize aysa Water Company

Buenos Aires – 23 Juillet 2024 – Le gouvernement argentin, sous la direction du ministre de l’Économie Luis Caputo, a annoncé son intention de privatiser aysa, la société responsable des services d’eau et d’assainissement dans la région métropolitaine de Buenos Aires.Cette décision, justifiée par les toughés financières d’Aysa et la dégradation de ses infrastructures, vise à moderniser le service et à soulager le budget national.La privatisation, qui devrait être achevée dans les huit mois, suscite cependant une forte opposition. Découvrez les détails de ce plan controversé et ses implications.

Here’s a breakdown of teh provided text, summarizing the key points regarding the potential privatization of Aysa (the Argentinian water and sanitation company):

Opposition too Privatization: The opposition is actively trying to block the privatization of aysa, arguing that water is a basic right.
Government Action: The Ministry of Economy, under Luis Caputo, has issued Resolution 1198/2025 to begin the process of selling Aysa shares. The resolution tasks a temporary execution unit with coordinating the sale and aims to finalize the sale within eight months.
Details of the Sale: the resolution specifies selling shares on the stock market and within the country, including shares not sold under a previous decree (Decree 494/2025).
Initial Steps: The government took the first official step on July 22nd with a decree allowing for the total or partial sale of Aysa. This decree also involved importent changes to the regulatory framework.
Employee Ownership: Government spokesperson Manuel Adorni stated that employees will be offered the opportunity to become shareholders, owning 10% of the company.
Justification for Privatization: The government argues that Aysa has been a financial burden on the national treasury (over $13.4 billion in contributions through 2023) and that its infrastructure has significantly deteriorated since its re-establishment in 2006.
* Aysa’s Role: Aysa provides water and sewage services to the Buenos Aires Metropolitan area (AMBA). It is one of eight companies targeted for privatization.

In essence, the text details the government’s push to privatize Aysa, the reasoning behind it, and the opposition it’s facing. It also outlines the timeline and some specifics of the proposed sale.