Uruguay to Invest in Port Development

23 September 2010 (Last Updated September 23rd, 2010 18:30)

Uruguay is planning to invest $200m between 2011 and 2015 to undertake construction of ports and dredging projects in the country. The projects include the construction of the Muelle C dock in Montevideo port, as well as dredging projects and ongoing work on a new fishing terminal in M

Uruguay is planning to invest $200m between 2011 and 2015 to undertake construction of ports and dredging projects in the country.

The projects include the construction of the Muelle C dock in Montevideo port, as well as dredging projects and ongoing work on a new fishing terminal in Montevideo’s Capurro area.

Uruguay’s national port authority, ANP, will also support the construction of a deepwater port in Rocha department’s La Paloma district, according to bnamericas.com

The port authority’s proposal is expected to be approved by the end of the year.