Uruguay government pledges US$550mn for four major national roads

Uruguay’s Ministry of Transport and Public Works (MOTP) has recently presented proposals to the private sector on the modernisation and maintenance of four major national roads (26, 14, 55 and 20) over a ten-year period. A US$550 million government fund, known as Fondo Vial, will pay for the works, which will make Uruguay a real communications hub in the region, especially in light of a future deep water port. The national budget will remain unaffected.
April 14, 2014 Read time: 1 min
Uruguay’s Ministry of Transport and Public Works (MOTP) has recently presented proposals to the private sector on the modernisation and maintenance of four major national roads (26, 14, 55 and 20) over a ten-year period. A US$550 million government fund, known as Fondo Vial, will pay for the works, which will make Uruguay a real communications hub in the region, especially in light of a future deep water port. The national budget will remain unaffected.

Once approved at the top, the four-road development programme will be put out to tender, potentially by the next government administration. Interested parties are reported to include Colier, CSI Ingenieros, CVC, Diaz Alvarez, Hernandez y Gonzalez, Molinsur, Ramon C. Alvarez, Serviam and Tracoviax, amongst others, including overseas ones.
Road Structures Highway & Network Management

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