Why China would be excluded from the Waterway tender

The recent announcement of the exclusion of foreign state-owned companies, including Chinese ones, from the tender for the Waterway of Paraná has generated a significant stir in the political and economic circles of Argentina.

This strategic project, which involves dredging and beaconing of the Paraná River for the next 30 years, has an estimated value of 410 million dollars annually. The decision to exclude foreign state-owned companies from Waterway It is presented as both a political and economic move, with profound implications for the future of trade and infrastructure in the country.

Why China would be excluded from the Waterway tender

The Waterway The Paraná is one of the most important waterways in South America, connecting the interior of the continent with the Atlantic Ocean. This route is crucial for the transport of goods, especially agricultural products such as soybeans and corn, which constitute a large part of Argentine exports.

Dredging and beaconing of the river are essential to maintain navigability and allow the passage of large vessels, thus ensuring the efficiency and competitiveness of the country’s foreign trade.

Why China would be excluded from the Waterway tender

The contract for the management of the Waterwaywhich will be awarded for the next 30 years, includes maintenance and improvement tasks of the waterway, with the aim of guaranteeing safe and efficient maritime traffic.

Given the magnitude of the project and its strategic importance, the tender has attracted the attention of various national and international companies. One of the highlights of the new tender is the exclusion of foreign state-owned companies, including Chinese ones.

Why China would be excluded from the Waterway tender

Protection

This decision has been seen as an attempt to protect national interests and reduce foreign influence on strategic infrastructure projects. Chinese companies have been particularly active in recent years in acquiring infrastructure contracts in Latin America, raising concerns about the region’s growing dependence on China.

The government has argued that the exclusion of these companies seeks to encourage competition and ensure that private companies have a predominant role in managing the economy. Waterway. However, this decision has also been interpreted as a response to political and economic pressures, both internal and external.

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