The Privatization of Belgrano Cargas y Logística Begins

The Privatization of Belgrano Cargas y Logística Begins: Key Points of a Process That Will Redefine Railway Transportation in Argentina

The National Government has formally launched the privatization of Belgrano Cargas y Logística S.A. through Resolution 1049/2025 issued by the Ministry of Economy and published in the Official Gazette on July 24, 2025. This measure, with a strict execution timeline of just 12 months, opens a new chapter for private investment in the country’s logistics and transportation infrastructure.

How will this process unfold?

The defined strategy is the vertical disintegration of the company—a model that creates specific and differentiated business opportunities.

Key aspects that every industry player should be aware of include:

1. Rolling Stock Auction: Locomotives and wagons owned by the National Government will be sold via public auction on the SUBAST.AR platform. The proceeds will be directly reinvested in railway infrastructure improvements through a dedicated trust.

2. Concession of Strategic Railway Lines: The main tracks of the General Belgrano, General San Martín, and General Urquiza lines, along with their adjacent real estate, will be granted through concession. This will occur via public tender—national and international—using the CONTRAT.AR platform, opening the door to globally experienced operators.

3. Concession of Workshops: Maintenance workshops, which are crucial assets for the network’s operational capacity, will also be granted under concession through bidding processes via the CONTRAT.AR platform.

This new framework involves not only the transfer of assets but also a reconfiguration of the Argentine railway map. The Ministry of Transportation has been instructed to survey assets and define contractual conditions, while the Agency for the Transformation of State-Owned Enterprises will coordinate the process to meet the tight one-year deadline.

The privatization of Belgrano Cargas y Logística S.A. represents one of the most significant structural transformations in the sector in recent times. Companies interested in participating in the auctions or tenders must prepare for an agile and competitive process that will require thorough legal and financial analysis.

Is your company evaluating the opportunities arising from this new phase?

At BARREIRO, we offer comprehensive legal support to help navigate this process, from tender analysis and offer structuring to full guidance throughout every stage of the bidding process.

Contact us to ensure a strong and strategic participation in the future of cargo transportation in Argentina.