The Argentine government has announced that it is considering three bids for the privatization of the Vía Navegable Troncal (Hidrovía) which encompasses the Paraguay and Paraná rivers. The bids come from the Belgian companies Jan de Nul and DEME, as well as Brazilian firm DTA Engenharia. These international companies are ready to invest approximately $10 billion in infrastructure over the next 25 years, highlighting the significant financial interest in improving the region's navigable routes.

Economy Minister Luis Caputo expressed enthusiastic support for the project via social media, emphasizing the importance of these companies' willingness to make substantial investments in Argentina's economic infrastructure. The offers represent a shift towards privatization of vital national resources, a strategy aimed at enhancing economic growth and improving the management of navigable channels in a region that is crucial for trade.

Within two to three months, the government plans to open the bids to evaluate the technical and financial proposals made by the companies. The upcoming decision will outline who will gain a 25-year concession for dredging, maintaining, and operating this key navigable artery, which is vital for transport and commerce in the region. The implications of this privatization could be far-reaching, potentially altering the landscape of transportation and trade in Argentina and beyond.