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Bidding Irregularities Rock Paraná-Paraguay Waterway Concession

2/13/2025

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Summary

Story summary

Serious irregularities have emerged in the bidding for the Paraná-Paraguay waterway concession, vital for regional trade, as revealed by Argentina's Administrative Investigations Prosecutor’s Office. Launched in November 2024 to modernize the waterway, the process is now under scrutiny, especially with Belgian firm DEME Group contesting Jan de Nul's longstanding contract amid claims of manipulation.

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Story summary

Serious irregularities have emerged in the bidding for the Paraná-Paraguay waterway concession, vital for regional trade, as revealed by Argentina's Administrative Investigations Prosecutor’s Office. Launched in November 2024 to modernize the waterway, the process is now under scrutiny, especially with Belgian firm DEME Group contesting Jan de Nul's longstanding contract amid claims of manipulation.