Skip to main content

Uruguay targets roads

Uruguay needs to spend some US$1.2 billion on its road network so as to meet transport demands.
February 29, 2012 Read time: 1 min
Uruguay needs to spend some US$1.2 billion on its road network so as to meet transport demands. The 3389 Uruguay Ministry of Transport and Public Works (MTOP) says that $600 million will be used for road repair, maintenance and upgrade work with a further $600 million expected from private sources for road infrastructure improvements. A report from MTOP says that 27% of the country's roads are a priority for investment as they are in an unsatisfactory condition. By contrast 46% of the country's roads are in good condition and 27% are satisfactory.

For more information on companies in this article

Related Content

  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
  • Funding road research in Kenya as infrastructure development grows
    August 14, 2017
    The demand for road construction material research and testing services in Kenya is expected to soar. The East African country is going through a construction boom, despite policy and financial challenges facing public institutions overseeing the research and testing operations in the transport industry. “Kenya is going through a construction boom and so is the demand for construction material testing services,” said Juma Ali Madzitsa, Geotechnical Lab Supervisor at SGS Kenya, a subsidiary of Swiss based in
  • Montreal’s critical list of deteriorating bridges and tunnels has doubled
    September 3, 2012
    The number of Montreal’s bridges and tunnels in a “critical” condition has more than doubled during the past 12 months, says a shocking new report looking at the state of the city’s transport infrastructure. The new report, which came out this month, shows that 27 of the city’s 587 highway structures reached “critical condition” in 2011 compared with only 12 in 2010.
  • EU Commission adopts plan for €50 billion boost to European networks
    May 2, 2012
    The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.