World Bank Approves Financing for Resilient Infrastructure and Basic Services to Boost Employment in Salta

Buenos Aires, July 6, 2026 – The World Bank’s Board of Executive Directors today approved the “Resilient Infrastructure for Regional Economic Development and Job Creation in Salta” project, a US$100 million operation aimed at improving connectivity, strengthening logistics infrastructure, expanding access to water and sanitation services, and modernizing mining sector management in the province. "In Salta, we have been working in a serious and responsible manner with a long-term vision. Together with the World Bank, we are promoting investments that create opportunities, strengthen our infrastructure, and support productive growth and development for all people in Salta," said Gustavo Sáenz, Governor of the Province of Salta. "Salta has enormous potential to become a hub for productive development and job creation. This project supports investments that help generate tangible economic opportunities for the people of Salta," said Peter Siegenthaler, World Bank Division Director for Argentina, Paraguay, and Uruguay. Specifically, the project will finance the rehabilitation of a 24-kilometer section of National Route 51 between Campo Quijano and Los Chorrillos, with a focus on improving drainage and increasing climate resilience. It will also support upgrades to the General Güemes Logistics Hub and Industrial Park, located in a strategic area of the Bioceanic Corridor and connected to the Belgrano Cargas freight rail network. In addition, the towns of Olacapato and San Antonio de los Cobres will benefit from investments to ensure access to safe water and adequate wastewater treatment services. The initiative also includes activities to strengthen the province’s institutional capacity to manage the growth of the mining sector. This includes financing the modernization of information and the development of digital platforms, environmental monitoring tools, technical training, and improvements in transparency and governance that will enable Salta to promote the responsible development of its critical minerals. The “Resilient Infrastructure for Regional Economic Development and Job Creation in Salta” project is a variable-spread loan with a 32-year maturity and a 7-year grace period. For more information about the World Bank, please visit: www.bancomundial.org.ar