The Ministry of Transportation and Public Works (MTOP) in Uruguay has signed the concession for the Circuito 5 project with Aldesa led consortium.
The Autovías Cinco joint venture is formed by Aldesa and Coalvi Renovables and will renovate and maintain a 184-kilometer stretch of roads. The scope of works includes the design, construction, operation and financing of the road layout existing along Route No. 14 (between Sarandí del Yí and Lascano), and Route No. 15 (between Lascano and Velázquez), running through the departments of Rocha, Florida, and Lavalleja in South Uruguay.
The concession period for the project is 20 years with estimated investment value of US$332 million. The activities planned include improvements in the surfacing, construction of new infrastructures and improvements on existing ones such as bridges and overpasses as well as necessary adjustments in junctions or crossroads.
Country updates
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November 11, 2021
Financial close achieved for road circuit 2 PPP in Uruguay
CAF, the development bank of Latin America, and its subsidiary CAF-AM Administradora de Activos Uruguay SA have signed the agreement to finance the Road Circuit Project No.2 in Uruguay. The project i...
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Tealov S.R.L., a subsidiary of Invenergy, has completed the construction financing for the Cardal Transmission Project in Salto, Uruguay. In partnership with IDB Invest, a member of the Inter-America...
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September 10, 2021
IDB invests in Cardal Transmission PPP project in Uruguay
IDB Invest has provided a US$67 million financial package to Tealov S.R.L (Tealov), an Uruguayan special purpose company (SPV) sponsored by Invenergy Renewables Global LLC (Invenergy), for the develop...
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August 24, 2021
Uruguay to renegotiate Montevideo Port terminal concession
The Government of Uruguay might negotiate the agreement with Katoen Natie for the terminal concession at Montevideo Port. The concession involves the development of a second container terminal with an...
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March 29, 2021
CAF provides financing for Route 3 from La Radial to San José PPP Project
Development Bank of Latin America and its subsidiary CAF-AM will provide financing for a roadwork on National Route No. 3 from La Radial to San José PPP project. The aim of the project is...
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