investBA, the Investment & Trade Promotion Agency of Buenos Aires City, was selected in the annual nomination of the International Business Magazine as the best new agency in Latin America, for being one of the main entities in its category with less than five years of existence. This is the first time that an Argentine agency has been acknowledged internationally in an award of this nature.

Since its foundation, in 2017, investBA seeks to promote Buenos Aires City as an attractive place to do business, encouraging investment and enhancing the export capacity of local talent in its strategic sectors. In just 3 years, the agency that is already positioning itself on the international scene alongside longstanding institutions, has accumulated 650 cases of investor services. Likewise, it managed to reach another 1,600 companies through a wide range of foreign trade programs and train more than 11,000 entrepreneurs and SMEs to promote them in their first steps on the export path.

“We are very proud to receive this recognition as one of the best new investment and trade promotion agencies in Latin America. From investBA we work every day in pursuit of making Buenos Aires City one of the main venues for doing business in the region and, at the same time, strengthening the export potential of Buenos Aires talent" said Alejo Rodríguez Cacio, General Director of investBA. "This distinction encourages us to continue generating business opportunities and promoting the economic development of Buenos Aires City" the official closed as part of the announcement.

According to the magazine, the process of choosing the winners is supported by the exhaustive analysis of a group of experts and research analysts, dedicated to awarding the best institutions around the world in various nominations related to the international field of business and finance.