9 Billion USD

[Rareearth]

The rail infrastructure was buying other rail companies, USA side.

Imagine the cost and uproar if they had to buy right of way to build new rail lines, much more resistance to be encountered than pipelines.

[farming101]

I realize there is lots of waste and missed opportunities because companies coddle to shareholders.
And management is overpaid and lacks vision

Likely Argentina is the new frontier. But a little research seems to indicate they are way behind after decades of neglect. I could be wrong

[ajl]

To keep thing in perspective, it is unlikely Argentina has $9B US to spare, and it will not be able to borrow that additional amount either with US rates rising so progress here will be slow. Even still they are trying to move forward as compared to Canuckistan which seems to like reverse gear.

[fjlip]

CN rail has invested 20 Billion on capital projects in the last 10 years. They have announced they will spend 3.2 billion in 2018. That's just CN. Not all doom and gloom

They can't even build a proper smooth RR crossing in Wadena, worse of any I have driven over. Have to see to believe it.

[Klause]

To keep thing in perspective, it is unlikely Argentina has $9B US to spare, and it will not be able to borrow that additional amount either with US rates rising so progress here will be slow. Even still they are trying to move forward as compared to Canuckistan which seems to like reverse gear.

Funds already in place.


You seem to forget that there's a world outside of north America.

Don't need USD.


Yes they had issues... Mainly due to socialists and the crap we are going into.

(You hear that Chucky and grassy)


Do not believe north Americans news outlets about anything in Latin America. There is an ulterior motive and it is in the beat interest of the US to keep Argentina Chile and Brazil down... Has been since the 40s after wwii.


Argentina has around 4% per month growth.


A billion there does 20x what a billion here does.... Directional boring power lines right now. $55,000 a day and we've been here 10 days spent half the day doing nothing then another 3rd fixing other people's screwups and the rest is production.

[Klause]

What is land worth in Argentina?
What area of Argentina would be the most ideal?
How easy would it be to set up down there?
Sounds like it is a very exciting place to be invloved in agriculture right now.

Depends. Frontier land you need to disk and turn into xropland is $200 USD a ha.


Developed tiled irrigated land around burnos Aires can be upwards of $15,000 per Ha (2.47 acres)


Citizenship is pretty easy to get... They have a true open immigration policy especially for anybody wanting to invest.

[Oliver88]

Article in Country Guide this month about a few families who farm in Canada and Argentina.