Three major international dredging consortia—Jan de Nul, Boskalis, and CHEC Dredging—have officially submitted their bids for the project announced by the National Ports Administration (ANP). The objective is to deepen the canal to ensure the safe and efficient transit of commercial goods. This waterway is of critical importance as it serves as a primary route for trade between Argentina, Brazil, Paraguay, and Uruguay. The bidding process has now entered its final, decisive stage. The project is expected to involve significant investment due to the scale of the works. By improving the canal's depth, the regional trade flow will be expected to increase. The selection of the winning contractor will determine the timeline for the execution of the works.