Ever since President Javier Milei arrived at the Casa Rosada, the railway system of the Buenos Aires Metropolitan Area has become a postcard of fiscal adjustment and institutional uncertainty.
In today’s Argentina, modernisation promises live side-by-side with slower trains, run down stations and a union atmosphere reminiscent of the darkest days of 1990s privatisation era.
In mid-2024, the Milei government declared a public railway emergency for three years, coupling it with the promise to invest some US$2.2 billion in signalling, automatic braking and renovation of tracks and stations.
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