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Argentina said 1.5bn pesos (US$98mn) will be invested in the reconstruction of Comodoro Rivadavia and nearby locations after they were ravaged by heavy floods earlier this month.
The federal government will put up 70% of the resources, the president's office said.
The overall plan contemplates defensive works against floods, reconstruction of housing units, water infrastructure works and the reparation of streets, among others.
The public works ministry will repair more than 100 city blocks that were completely destroyed and make improvements and repairs in another 100 that were only damaged by mud and water.
The reconstruction plan also includes works on water and sewerage networks.
Furthermore, a certain degree of urbanization will be undertaken, including public works on lighting, sidewalks and improvements to 400 housing units.
"We're going to do a very important reconstruction regarding housing, bridges, roads, and potable water and sewerage networks", said Rodrigo Frigerio, the country's interior, public works and housing minister.