Parana - Rio de La Plata

active

The riverway Parana-Rio de La Plata was handed over to the private consortium Hidrovias S.A. (Jan de Nul/Emepa) for a period of ten years. The private consortium was to received subsidies of US$ 385 million and equipment valued at US$ 78 million; and was expected to perform dredging of the access channel of the San Martin port and maintenance of signaling equipment. The concessionaire would charge direct user fees to ships passing the channel. To compensate shortcomings in fulfilling the subsidies and equipment offered by the Government, it extended the concession period until 2013. "El Estado se comprometió al subsidio para obras y a entregar equipos, pero no cumplió ninguna de las dos cosas. A cambio, extendió la concesión por 8 años, al año 2013." None