Two bidders announced for road PPP in Uruguay
Two local bidders have submitted proposals for the Route 12, 54, 55, 57 and Carmelo bypass PPP project in Uruguay. The interested parties were Ramón Álvarez S.A. and the consortium Grupo Oriental 1, formed by Ciemsa, Traxpalco S.A. y Hernández y González S.A.
In December 2015 we reported that the Ministry of Transport and Public Works (MOP) of Uruguay, had launched the tender processes to develop two road PPP projects. One of the projects was the mentioned project and the other project was the upgrade, development, operation and maintenance of the routes 9 and 15.
Both projects will use an availability-payment structure with the concessionaire being according to the state of the routes during the operation period.
The government of Uruguay has plans to improve the country's road system. It is expected that several projects involving about 4,270 km of roads will be carried out.
Country news
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March 29, 2016
IFC show interest to finance PPP projects in Uruguay
The International Finance corporation, a member of the World Bank Group, is mulling financing PPP projects in Uruguay. Read more -
January 26, 2016
Uruguay tenders rail rehabilitation PPP
Uruguay's transport and public works ministry (MTOP) and state rail administrator (AFE) have recently announced the tender process for rail rehabilitation PPP project in Uruguay. Read more -
December 30, 2015
Uruguay tenders two road PPP projects
The Minister of Transport and Public Works of Uruguay, Read more -
June 27, 2013
OPIC approves financing for Melo Wind Farm in Uruguay
Overseas Private Investment Corporation, the U.S. Government's development finance institution, Read more -
August 20, 2013
KfW IPEX-Bank finances $79.5 million loan for Uruguay's wind farm
KfW IPEX-Bank, Germany's project and export finance bank is providing a long-term project financing loan of up to US$79.50 million (€61.15 million) to finance the development of the Generación Eólica Minas S.A. wind farm in Uruguay. The bank is the sole financier of the loan. 80% of the longterm loan is covered by a guarantee from the Danish export credit insurer Eksport Kredit Fonden (EKF). Read more
