Feb 26 • 21:44 UTC 🇦🇷 Argentina Clarin (ES)

The Government opens the bids for the privatization of the Waterway and national routes

The Argentine government is set to unveil bids for the privatization of the Paraná and Paraguay rivers Waterway and over 2,500 kilometers of national routes, critical for the country's logistics and trade.

The Argentine government is taking a significant step in the privatization process of the Waterway on the Paraná and Paraguay rivers and more than 2,500 kilometers of national routes. On February 27, at 1 PM, the offers from interested companies will be revealed. This marks a crucial moment for the strategic leases that will manage key logistical components of the Argentine economy, vital for external trade flows. With the importance of the navigable corridor and the road networks in processing exports, these tenders are expected to attract considerable interest from various enterprises.

The Waterway privatization includes the dredging, buoying, and maintenance of the trunk system connecting the ports of Gran Rosario to the Atlantic. Almost 80% of Argentina's agro-industrial exports, along with industrial products and regional cargoes, utilize this route, highlighting its importance in the country’s export strategy. The concession will not only assign responsibilities for the essential works and services but will also influence the competitiveness of Argentine exports which rely significantly on this logistical framework.

The outcome of this process holds considerable implications for Argentina's trade dynamics. Depending on the awarded companies and their operational strategies, the efficiency and effectiveness of the export supply chain could see improvements or challenges ahead. The privatization is seen as an essential move toward modernizing infrastructure that is crucial for sustaining economic growth and global competitiveness, particularly as the nation aims to boost its presence in international markets.

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