Cosapi, one of Peru's largest construction firms, saw revenue and profit drop last year due to dwindling investment in the construction industry.
The state's legislative committee on water is asking for proposals from municipal operators.
The Chinese firm could take over from troubled Brazilian construction giant Odebrecht to develop the long-delayed Colombia river project.
Authorities held a meeting to define the actions that will be undertaken to ensure that the special zones can start operating in 2018.
A logistics expert argues that the country's infrastructure concession models are too focused on short-term gain and do not genuinely improve the competitiveness of the country.
Financing will come from federal savings bank Caixa via its infrastructure and sanitation program Finisa.
The Brazilian utility expects to raise funds from both the public and private sectors.