Construction contract awarded for USD455 million Port terminal PPP project in Uruguay
Terminal Cuenca del Plata (TCP) has awarded the development contract for Cuenca del Plata terminal at Montevideo Port, Uruguay to consortium of Jan de Nul, Mota-Engil and Stiler. TCP, a joint venture between Katoen Natie (80%) and the National Ports Administration of Uruguay (20%), is responsible for the expansion of the terminal.
The selected contractors will be in charge of the development of extension infrastructure at the terminal and build a new dock capable of receiving a container ship up to a depth of 14 m. The construction works are expected to generate approximately 1,000 direct as well as 5,000 indirect jobs.
The construction works for all berths are scheduled to be finished in 2025 while the first berth is expected to be operational by 2024.
Country news
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November 29, 2019
$1bn railway project in Uruguay closes financing package
Ferrocarril Central project´s financial advisor Astris Finance has announced the closing and first disbursement of the US$ 860 million senior debt package. The project was sponsored by Sacyr (Spain), NGE (France), SACEEM (Uruguay) and Berkes (Uruguay). Astris acted as exclusive financial advisor to the Sponsors from bid stage to first disbursement.
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October 23, 2019
FC on USD 1.1 billion railway concession in Uruguay
The Grupo Vía Central consortium, led by Sacyr Concessions, has closed a senior loan of up to USD 855 million to finance the construction of the 273 km of the railway that will link the country's capital, Montevideo with Paso de los Toros. The investment that the project will require amounts to USD 1,070 million.
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September 25, 2019
USD350mn financing for a railway project in Uruguay
CAF-AM Ferrocarril Central, a Financial Trust managed by a subsidiary of CAF - development bank of Latin America - will invest in the Central Railroad Project (Ferrocarril Central) in Uruguay, and thereby contribute to energizing infrastructure investments in the country. The issue was presented to institutional investors in the Bolsa Electronica de Valores SA (BEVSA).
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January 29, 2019
Aldesa-led consortium wins US$370 million road project in Uruguay
Grupo Aldesa has announced that it has been chosen as the successful bidder to design, construct, operate and finance approximately 184km of road in Uruguay that will cross the departments of Rocha, Florida and Lavalleja, located in the south of the country. The 20-year concession contract is valued at EUR323.5 million (US$368.5 million).
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June 05, 2018
Three bids for rail PPP in Uruguay
Uruguay's Ministry of Transport and Public Works has received three bids for the execution of the Ferrocarril Central (Central Railway) project, which involves the construction and maintenance of a 273km railway between the Port of Montevideo and the city of Paso de los Toros.
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