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Argentinan Construction Skilled, Ruben Rojkes

Ebony Thurston, May 10, 2019

Family comes 1st, that is why we have a tendency to build family-oriented projects.

1. What obstacles did you face in the first years of your business?

The shortage of owned capital, I had to motivate investors and banks to affix my projects, but in order to tempt them I had to offer them an necessary participation in the Real Estate business. It was hard but it undoubtedly helped me within the beginning.

2. What’s one approach in which operating a business these days is the same as fifteen years ago, and one method in that it is different?

When the activity began it had been within the year 92 (My son Diego Rojkés was born, today he is an architect!). At that stage, Argentina was rising from a hyperinflation and it had ten years of exchange stability, where one may finance a project in US greenbacks without any risk for the customer or the seller. It was easier than currently, additional predictable.

It was a period in Argentina when mortgage loans existed and it was easier and less risky to finance, purchase materials and pay wages.

Nowadays it is terribly tough for individuals to simply accept financing in greenbacks, there are continuous changes in prices, salaries, services, and one is trying for an index of activity that permits us to finance shoppers and continue working. In my case is that the CAC, that is an index of value variation of the Argentine Chamber of Construction

As of today mortgage credit will not exist in Argentina.

3. What are Ruben Rojkés’s future goals for the business?

We tend to are concerning to begin the construction of two Countries in Tucuman, and we have a tendency to are launching and newly started four new buildings. We are evaluating some projects in Buenos Aires. Now that I’ve got the assistance of my children, we tend to can in all probability take on the challenge. We tend to also are working on new projects on the agricultural livestock field.

4. How has the $64000 estate sector developed in Tucumán in the last ten years?

It has had its highs and lows, that’s the means Argentina is. You’ve got to find out to play in these conditions therefore you are doing not make mistakes area. It had been a success.

5. What are the areas of Argentina that have grown the most in recent years?

I assume Buenos Aires is in the lead. However areas like Cordoba, Santa Fe, Tucumán, Mendoza are not far behind.

Opinion

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