Buenos Aires
Business CityBusiness City
BUENOS AIRES | IN FIGURESBUENOS AIRES | IN FIGURESBUENOS AIRES | IN FIGURESBUENOS AIRES | IN FIGURES
• Buenos Aires City GGP added up to 73,700 US million dollars, which represents 23% of Argentina’s total GDP.
• The GDP per capita is 24,300 USD, three times the national average.
• Productive Sectors : 69% services, 14% manufacturing, 13% sales y 6% construction.
• 174,000 micro-businesses, 34,000 SMBs and 2,500 big companies.
• 2009 Annual Growth Rate: 5,7%
TIME ZONESMiami - 1hSao Pablo 0New York - 1h London + 4
Surface: 202 KM2
Population: 3,050,728 inhabitants
Density: 15,103 Inhab/Km2
LATIN AMERICA | RANKINGSLATIN AMERICA | RANKINGS
Index Ranking
Buenos Aires
SaoPablo
Bogota Lima Montevideo
Santiago
Quality of Life 81 118 134 116 79 89
Urban Competitiveness 4 1 6 7 9 2
Global Cities Index 33 31 43
Human Capital 16 34 26
Culture 25 27 34
Political Commitment 12 23 25
Integrated Cities Alpha Alpha Beta + Alpha -
Buenos Aires City is ranked among the best cities in Latin America in terms of socio-economics and cultural indicators
Source: Mercer, América Economía, Foreign Policy y GaWc.
QUALITY OF LIFE
• 215 surveyed cities
• Factors considered: political
and social background, economic
background, socio-cultural
background, health, education,
and consumer goods.
• Buenos Aires City is ranked,
together with Montevideo City,
on top of the rest Latin American cities.
URBAN COMPETITIVENESS• 50 surveyed cities•Macroeconomic, political and social variables and those related to the city competitiveness itself.• Buenos Aires is ranked among the top 5 Latin American cities to do business.
GLOBAL CITIES• Buenos Aires is ranked on top of Sao Pablo and Bogotá in human capital, culture and political commitment.
INTEGRATED CITIES• The ranking evaluates the necessary characteristics
of a city to participate in a globalized world.•Buenos Aires City is ranked among the top cities
in terms of utilities, information and communication,
economic and cultural international level.
1. Privileged access to the MERCOSUR(Southern Common Market)
2. Creative & Tech-Savvy Workforce
3. Power Plant: Education at its best
4. Top-Tier GDP
5. High Quality Living
6. Cosmopolitan Culture
7. International Transportation Hub
8. Advanced Digital Infrastructure
9. Affordable & Cost-effective
10. Localized Government
BUENOS AIRES BUENOS AIRES || 1010 REASONS REASONS toto INVESTINVEST BUENOS AIRES BUENOS AIRES || 1010 REASONS REASONS toto INVESTINVEST
Talent , Innovation and Talent , Innovation and Knowledge-based IndustriesKnowledge-based Industries
• The domestic market total turnover in 2009 was: $ 14,066 US million dollars.
• 70 % of the ICT sector in Argentina is highly concentrated in Buenos Aires City.
• The exports added up to445 million US dollars in 2009.
• The annual growth rate is 27,4%.
• In 2008, the local Government
created the Technology District,
an urban project meant to host
all ICT-related companies,
the private and public sector.
• In 2009 over 101 national film-productions were shot in Argentina, beating other countries of the region, such as Brazil and Mexico.
• The annual growth rate is 32%.
• Buenos Aires City concentrates 86% of the total workforce of the country from the media &entertainment industry. • Buenos Aires concentrates 75% of Argentina’s audiovisual productions exports.
• The design industry Contributed 7.4 per cent of Buenos Aires GDP and is responsible for 105,000 employees (8.2 per cent).
• Buenos Aires, long considered a special case in the Latin American design industry, was appointed the first UNESCO City of Design by the UNESCO Creative Cities Network.
• One of the most successful initiatives in this area is the Metropolitan Design Centre, a public institution supportingdesigners and companies to increase their innovation potential and competitiveness through the use of design.
ICT Audiovisual Design
Act 2972Promotion of the ICT Industry
10/ 15 Years Local Tax exemptions
• Gross Income Tax • ABL (Contributions to Lighting, Sweeping and
Cleaning, Lands, Pavements, and sidewalks)• Stamp Tax • Layout and Construction
Beneficiaries• Software & Hardware • KPO (Knowledge Process Outsourcing)• BPO (Business Process Outsourcing)
Legal Framework
AccessibilityAccessibility
67 companies
100,118 m2
8,142 HR
30 settled companies currently working
37 settled companies under
construction
Software: 42 Hardware: 10 BPO: 9 Education: 2 E-commerce: 2 Other: 2
Current SituationCurrent Situation
2010 CurrentCommittees
2010 CurrentCommittees
EducationEducation
Infrastructure and Security
Infrastructure and Security
CommunicationCommunication
Main Objectives:• To position the Technology District world-wide as a recognized trademark. • To generate cooperation and exchange of opportunities.• To promote the settlement and investment of other companies in the District.
Main Objectives:• To position the Technology District world-wide as a recognized trademark. • To generate cooperation and exchange of opportunities.• To promote the settlement and investment of other companies in the District.
Association of ICT Association of ICT companiescompanies
Next stepsNext steps
Metropolitan Technology Center (CMT)
CMT
Academy
PrivateSector
Public Sector
CMT
Boosting ICT Companies innovation, competitivity and internationalization:
• Qualified Human Capital• Common pool resources • Traffic
Solutions:•Bureaucratic constrains
(Link between the companies& the differentGovernment departments).
Information:•New business opportunities;
•Available programs & Incentives;
•General and sector-specificData & statistics.
Counsel and Assessment:•Legal requirements, corporate
& tax structure;•Business set-up, Development and
Expansion.
Set-up Stage Development Stage
http://invest.buenosaires.gob.ar
Expansion Stage
The Investor Assistance Center
Ministry of Economic Development Investment Under-secretary
Buenos Aires City Government
http:/invest.buenosaires.gob.ar