Government Completes Privatization of the Main Navigable Waterway and Will Reduce Logistical Costs by 13.5%


The bidding process faced no challenges and received support from private business chambers and littoral provinces.

The government of President Javier Milei has successfully completed the privatization process of the Vía Navegable Troncal, one of the country’s most important strategic infrastructures, through which nearly 80% of Argentina’s foreign trade flows. The measure marks the end of a period of inefficient state management and opens a new phase based on private investment, logistical efficiency, and greater competitiveness for productive sectors.

According to an official statement from the Ministry of Economy, the National Agency of Ports and Navigation formalized the award to the consortium Jan de Nul-Servimagnus, which submitted the best offer in the bidding process. The decision was established through Resolution 2026-36-APN-ANPYN#MEC, which finalized the technical and administrative evaluations of the tender.

One of the key points of the announcement is that the signing of the contract, scheduled within a maximum period of 30 days, will trigger a 13.5% reduction in logistical costs. For the government, this will have a direct impact on production, industry, and exports, as it will allow ships to complete loading at ports of origin, reducing overall costs and strengthening Argentina’s competitiveness.

The project also includes dredging and deepening works on the waterway, as well as the incorporation of technology aimed at improving navigation safety. Additionally, the Ministry highlighted that the modernization will strengthen control tools and efforts to combat drug trafficking — a key issue on this commercially and strategically vital river route.

The Ministry of Economy emphasized that the bidding process closed without any challenges from participating companies. In this way, the companies validated the technical rulings issued by the Evaluation Commission at each stage of the public tender.

The process also received backing from private sector users, including the Argentine Oilseed Industry Chamber, the Grain Exporters Center, the Argentine Industrial Union, the Rosario Stock Exchange, the Chamber of Private Commercial Ports, and the Chamber of Port and Maritime Activities.

Meanwhile, provincial governments such as Entre Ríos, Santa Fe, Corrientes, Chaco, Formosa, and Misiones expressed satisfaction with the conclusion of the process. According to the official statement, the tender maintained strict criteria of public transparency and complied with technical standards audited by the United Nations Conference on Trade and Development (UNCTAD).