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Argentinan Construction Skilled, Ruben Rojkes

Christian Jageurs, May 10, 2019

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

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

The lack of owned capital, I had to inspire investors and banks to join my projects, however in order to tempt them I had to offer them an necessary participation within the Real Estate business. It was exhausting but it definitely helped me in the beginning.

2. What is one manner in which operating a business today is the identical as 15 years ago, and one manner in which 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 could finance a project in US greenbacks while not any risk for the buyer or the seller. It was easier than now, additional predictable.

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

Nowadays it is very troublesome for folks to accept financing in dollars, there are continuous changes in prices, salaries, services, and one is wanting for an index of activity that permits us to finance purchasers and continue working. In my case is the CAC, that is an index of price 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 regarding to begin the development of two Countries in Tucuman, and we have a tendency to are launching and newly started four new buildings. We tend to are evaluating some comes in Buenos Aires. Now that I’ve got the help of my youngsters, we tend to will most likely take on the challenge. We also are operating on new comes on the agricultural livestock field.

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

It has had its highs and lows, that’s the approach Argentina is. You have got to learn to play in these conditions thus you are doing not create mistakes area. It absolutely was a success.

5. What are the areas of Argentina that have grown the foremost lately?

I suppose Buenos Aires is in the lead. However areas like Cordoba, Santa Fe, Tucumán, Mendoza aren’t way behind.

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