Uruguay
News

Ministry to launch railroad concessions

Bnamericas
Uruguay's transport and public works ministry (MTOP) will launch bidding in the coming weeks to operate 1,588km of railroads, minister Lucio Caceres announced. The government is authorized to transfer US$5mn/y to concessionaires to compensate them for US$56mn in investment over the 20 years of the concession as part of the government's "Vias para la Integracion" project, said Caceres. He added that the most economically viable lines have been identified. The country's rail network spans 3,000km. Investment will go towards reconstruction and maintenance to increase cargo capacity, and increase the average speed to 50-60km/hr from 20km/hr.

Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Infrastructure

Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Infrastructure (Uruguay)

Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Grupo Vial del Este S.A.  (Grupo Vial del Este)
  • Grupo Vial del Este S.A. is a company made up of Colier S.A., Hernández y González S.A. and Traxpalco S.A. (Tracoviax) for the execution of the construction and maintenance of a...
  • Company: Interbarge S.A.  (Interbarge)
  • Uruguay-based Interbarge is an inland waterway transport company of dry bulk commodities and logistics provider, founded in 1997. It engages in the transportation of soybeans an...
  • Company: Novial – Ingeniería de Materiales
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: Montes del Plata
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: Grupo RAS
  • The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...