Jan De Nul Wins Contract to Dig Argentina’s $10 Billion Waterway
22 Articles
22 Articles
Jan de Nul Group Wins 25-Year Contract to Dig Argentina Waterway
Belgian dredger Jan de Nul NV and local partner Servimagnus SA won a 25-year contract on Thursday from Argentina’s government to upgrade the nation’s chief trade route in a concession overshadowed by accusations of Chinese influence.
The Belgian dredging company Jan De Nul has won a tender from the Argentine government to dredge the Paraná River. The Belgian company DEME was also in the running, but ultimately lost out.
The company between the Belgian company Jan De Nul and the Argentine company Servimagnus (with 60% for the first and 40% for the second) is a step away from remaining with the dredging and beaconing works of the Via Navegable Troncal (VNT), commonly known as Hidrovía. The government announced to the offering companies the pre-adjudication of the concession contract for the privatization of the Hidrovía. Recommends a winner: Jan de Nul along with…
The Government of Argentina prejudiced Jan de Nul and Servimagnus for 25 years the operation of the country's main waterway, where about 80% of Argentine exports circulate. "The participation of the Argentine State should be key," an expert told Sputnik.
The government of Javier Milei prejudiced to the Belgian firm Jan de Nul and to its local partner Servimagnus the concession for 25 years of the Hydrovia Paraná-Paraguay, the main logistic corridor of export of the country. The company, which already operates dredging tasks since the 1990s, has imposed in the tender to the Belgian also DEME Group and has been able to assume a contract that previews investments for approximately US$10 billion to …
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