Plans for new Uruguay road projects

Uruguay requires more investment in roads, according to a report conducted by the economic studies centre for the construction industry, Centro de Estudios Economicos de la Industria de la Construccion (Ceeic). The report highlights a reported gap in road infrastructure investments in Uruguay in the period between 2000 and 2013. The country invested some 4.5% of GDP in roads, equivalent to around US$2.52 billion but adds that the government should invest around 7% of the GDP or almost $4 billion to repair a
December 19, 2014 Read time: 1 min
Uruguay requires more investment in roads, according to a report conducted by the economic studies centre for the construction industry, Centro de Estudios Economicos de la Industria de la Construccion (Ceeic). The report highlights a reported gap in road infrastructure investments in Uruguay in the period between 2000 and 2013. The country invested some 4.5% of GDP in roads, equivalent to around US$2.52 billion but adds that the government should invest around 7% of the GDP or almost $4 billion to repair and maintain the national road network over the next five years. Other aspects highlighted in the report include the fact that overall investments between 2008 and 2010 were mainly directed at new roads, whereas a record figure of $250 million was spent on maintenance in 2013. However, this figure was not sufficient compared to the GDP growth.
Road Structures Maintenance

Related Content

  • France a star in road safety
    September 3, 2012
    In the past, France had a poor road safety record. This has turned around to make the country a success story
    Read More
  • Poland’s construction industry on its way to recovery
    March 23, 2016
    After a sluggish performance over the past couple of years, Poland’s construction is recovering strongly, according to a new report by Timetric’s Construction Intelligence Centre. Construction activity in Poland was weak during the report’s review period, 2011–2015, because of a deteriorating business environment, weak economic conditions, currency depreciation and a lack of foreign capital investment. The report, ‘Construction in Poland – Key Trends and Opportunities to 2020’, noted that the construction s
    Read More
  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
    Read More
  • High demand for German-made construction machinery
    February 14, 2018
    The German construction equipment industry is in the middle of a boom, according to data from the country’s equipment manufacturing body, the VDMA. A new report highlights that turnover and incoming orders saw a double-digit increase in 2017 and Germany manufacturers are starting 2018 with a high degree of optimism. According to the VDMA figures, the German construction equipment industry ended 2017 with turnover of €10.8 billion– an increase of 15% compared to the previous year. It is the fourth
    Read More

Highlighted Content