“There is no re-privatisation of the railway network,” Florencio Randazzo, the interior & transport minister, said on 12 February. Most commentators, however, begged to differ. An announcement by the government earlier in the day handed the management of two of the commuter lines in Greater Buenos Aires, Mitre and San Martín, to Roggio, one of Argentina’s largest infrastructure groups and the majority shareholder in Metrovias, which manages the Buenos Aires metro. The Belgrano Sur and Roca lines will be operated by the Emepa group. Both local companies have a long history of receiving government contracts for trains and other public works. This development is one of the latest government moves to steer the economy in a more orthodox direction to prevent a collapse in the value of the peso and keep a lid on inflation. End of preview - This article contains approximately 720 words.
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