Uruguay's court of auditors has finally approved the award of the Ferrocarril Central PPP project to a team formed by Saceem, Berkes, SACYR and Groupe NGE.
The project is valued at US$825 million and it is considered one of the most important rail projects in the country in recent years.
The Ferrocarril Central project is a public-private partnership to upgrade the 273 km Montevideo — Paso de Los Toros route. The tendering process took place in April 2018. The project includes design, construction, rehabilitation and maintenance of the railways between the port of Montevideo and Paso de Los Toros on basis of lack of transparency in the bidding process.
As we recently informed, Acciona challenged the Ministry of Transport and Public Works' decision to disqualify it from the tender process but its complaints were dismissed.
The secretary of states disqualified Acciona Construcciones from the tender process for the PPP project including design, construction, rehabilitation and maintenance of the railways between...
Read moreAbengoa has announced it obtained financing for an amount of US$90 million through the issuance of bonds without endorsement in the Uruguayan capital market. This financing method will be t...
Read moreUruguay'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 maint...
Read moreThe National Directive of Roads of Uruguay has announced that it has received two bids for the design, construction, operation and financing of National Route 3 from La Radial to San Jos&eac...
Read moreThe Government of Uruguay, through its National Public Education Administration (ANEP) has launched a tender for the design, financing, construction and operation of 58 schools located...
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