During an event last week at the Uruguayan Embassy in Brasília, infrastructure group DTA Engenharia presented a viability study to the Brazilian government concerning the construction — and privatization — of a waterway linking Arroyo San Miguel in Uruguay, to the southern Brazilian city of Porto Alegre.
The so-called “Project Greenfield” would involve a 244-kilometer course of water, which would be Brazil’s first privatized waterway. According to DTA, plans would be made viable if the government granted administration rights to private companies for 25 years, a deal they say could generate BRL 86 million (USD 18.6 million) in new investment.
The planned waterway would link two major lagoons: Lagoa Mirim (on the Brazil-Uruguay border) and the Lagoa dos Patos, which stretches from the border region north to Porto Alegre. Industry experts say a new waterway would boost trade between the neighboring countries, while making use of the existing...
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