Skip to main content

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.

Related Content

  • Trimble helps bring Indonesia up to speed on the latest heavy construction technology
    March 28, 2014
    Indonesian infrastructure investment is seeing major highway expansion - Simon Gould writes Over the next 12 years, Indonesia has planned some massive infrastructure investments, under a master plan aimed at bringing it up to developed country status by 2025. Its Government’s Masterplan for Acceleration and Expansion of Indonesia's Economic Development (MP3EI) envisages infrastructure spending of US$400 billion between 2011 and 2025 to help achieve this (see sidebar for more on MP3EI). With limited funds of
  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
  • Wide variations in Europe's road safety figures
    May 14, 2012
    Road safety in Romania continues to be a major issue, with the country seeing more deaths in 2009 than in 2001. A study by the European Transport Safety Council (ETSC) shows that Romanian roads are eight times more dangerous than similar links in Sweden, which has Europe’s best record for road safety (see also Safety Report). Romania, along with Malta, has bucked a trend within Europe of reducing road accidents levels between 2001 and 2009 according to the report. However, while Malta’s road fatality rate
  • Growth expected for US construction market
    December 6, 2018
    A new report from the American Road & Transportation Builders Association (ARTBA) predicts growth for the US construction market in 2019. The US transportation infrastructure market is expected to grow 4.2% in 2019, according to ARTBA’s annual economic forecast.