The public tender for the concession of the Vía Navegable Troncal (commonly known as the Hidrovía) is nearing its final stage, with bids due on February 27. This project aims to modernize, operate, maintain, and deepen the navigable channel, which is crucial for Argentina's economy, as it transports between 60% and 70% of the country's foreign trade. The total private investment expected for this project is around US$10 billion, highlighting its significance for the national infrastructure.

The bidding process affects a stretch of the Hidrovía from Confluencia (kilometer 1238 of the Paraná River) to the Deep Water Zone of the Río de la Plata. As the February 27 deadline approaches, companies from various sectors are likely to submit their proposals, seeking to secure contracts for dredging and beaconing operations. This tender is considered the largest of President Milei's administration, indicating a pivotal moment for public-private partnerships in Argentine infrastructure.

The outcome of this bidding process could have far-reaching implications for the efficiency of Argentina's trade routes and its overall economic health. A successful modernization of the Hidrovía could enhance not only trade capacity but also stimulate investment growth in related sectors. Observers are keen to see which companies will step forward, as their involvement could redefine operational standards and strategic priorities for future infrastructure projects in the region.