The Mato Grosso do Sul government will privatize the Paraguay River Waterway to enhance logistical efficiency and gain control over the Pantanal. The concession will comprise dredging, beaconing, and maritime monitoring services, with initial investments totaling BRL 63.8 million. The 600-kilometer-long Waterway connects Corumbá and Porto Murtinho. The concession is projected to cut freight costs and boost the competitiveness of local manufacturers, but logistical and environmental challenges must be properly controlled. Environmental monitoring will receive 40% of the budget for Brazil’s first concession, which has a contractual life of 15 years with the option of extension. An evaluation of the waterway’s effects on the environment and feedback from the general public will precede its final approval.
Source: Agro Estadão (*Translated by Ia Niani)
