Argentina: Plan for Parana River Dredging Project Moves Forward

The government moved ahead last week with the project to dredge and buoy the Paraná River up to its confluence with the Paraguay River, a stretch of some 650 kilometres. The project, long demanded by the northern provinces that border the river, as well as by shipping companies, will require an investment of US$112.5 million and will take the depth of the navigable channel to 12 feet, and 10 feet on the Paraguay River up to Asunción, while the depth of the channel between Santa Fe and the port of San Martín, downriver, will be taken to 28 feet by the end of 2011 and to 32 feet at a later stage.