Markets & Finance · Argentina
—The decision. Argentina has formally awarded the 25-year concession of its main river highway, the Hidrovía, to a private consortium.
—The winner. Belgium’s Jan de Nul and local partner Servimagnus take over, forming a new operating company called Vía Navegable Argentina.
—The stake. Roughly 80 percent of Argentina’s foreign trade physically moves along this Paraná corridor, mostly grain and soybean exports.
—The promise. The government says the new scheme will cut logistics costs by 13.5 percent once the contract is signed.
