The BICE has been participating as financial trustee since September 2003. Its aim is to develop production activities , physical assets services and commercialization, material and non-material goods, systems and procedures and, in general, all the components and factors that make up the telecommunications system. Loans are granted through it to companies in the field for their technological development. The budget is $ 15.5 million.

Program to increase the sugar sector competitiveness in the Argentine North-West (NOA)

On 10/31/2013 a Trust Fund was made between the Ministry of Agriculture, Livestock and Fishery – (as trustor), and the BICE (as trustee), to administer the funds from a CAF loan destined to the Program to Increase the Sugar Sector Competitiveness in the NOA. The projects within components (i) to (iii) of the Program and developing their activities in the Provinces of Tucumán, Salta and Jujuy will be susceptible to receive financing.

  • COMPONENT (i): This component will fund investments in construction, installation, widening and/or improvement of bioethanol production plants. The Program requires every project to include investments related to this component and to present a proposal to treat effluents generated by it. The effluent treatment-related investments may be financed with resources of the Program within component (ii).
  • COMPONENT (ii): The funds will be applied to the construction and/or widening of plants which treat effluents coming from the industrial activity; equipment for primary, secondary treatments and for post-treatment equipments; investments in technology to produce biogas from winemaking waste, among others.
  • COMPONENT (iii): To finance improvement in infrastructure and existing equipment for sugar milling and manufacturing (mills, scales, cranes, generators, evaporator, centrifugal machines, and others); and/or improvements in processes for the sake of a rise in efficiency, a reduction in unit costs, as in the case of a higher sacarose recovery, less steam consumption, less water consumption or water reuse, less consumption of power, better sugar quality, less wasted time, better quality of effluents, without limitations.

The projects of ethanol production and milling destined to the production of biofuel (components i and iii) will include the proper treatment of incremental winemaking waste volumes, produced under the new capacity and operation conditions resulting from the implementation of the project.

Each investment project may fall in more than one component category. However, in the project there must be a disaggregation into activity, sector and amount to be financed, according to the components they may be attributed to.

The following projects will not be financed under these presents and, therefore, will be deemed as non-elegible:

  • Projects of power cogeneration.
  • Projects to lay out wine waste that was not previously treated or projects that mean dumping diluted wine waste onto a receiving body.
  • Acquisition of pieces of land.
  • Projects with a significantly negative environmental impact, not including the mitigation actions in their Environmental Management Plan (EMP), or with insufficient or faulty measures.
  • Projects that require the use of agrochemical or any other subtance, highly toxic, banned by the national or provincial laws, on public health and environment, including phyto and zoosanitary laws, decrees, resolutions and regulations (for example: organochlorine, organophosphorus, anabolic, etc.) and that, due to the special conditions of the project or to its localization, put people, animals or the environment at stake or damage any of them.
  • Projects that mean an unsustainable exploitation, significant conversion or degradation of natural forests, including the deforestation of natural forest areas.
  • Projects that mean the loss or parcial degradation of critical or important natural habitats, with special consideration of wetlands and basin-dividing water sources that constitute hydric recharging areas.
  • Projects that mean the loss of natural habitats or areas used by indigenous communities or any other human groups, very much vulnerable for their survival.

Studies Program of the Energy Sector

On 11/01/2012 a Trust Administration Fund was made between Compañía Administradora del Mercado Mayorista Eléctrico S.A. – CAMMESA – (as trustor), and the BICE (as trustee), to administer the funds from the National Treasury and a CAF (Latin American Development Bank) loan to execute the Studies Program of the Energy Sector in the Argentine Republic.

The execution and updating of these studies are within the framework of the National Energy Plan, timely presented by the National Government, which contemplates carrying out Energy Infrastructure Works to foster the regular development of the National Energy System and, thus, contributing to the growth of the existing demand, tightly linked to the economic development of the country.

Apart from the engineering aspects, the program will support studies to save energy and to make energy consumption more efficient in the different economic sectors, such as transportation, industries, residential use, agricultural use, trade, services and public sector.


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