Uruguay’s project for a deepwater port on the Atlantic takes off

Friday, June 29th 2012 - 03:00 UTC

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Uruguay’s government is going forward with plans to build its first deepwater port along the Atlantic coastline in a place called “La Angostura”, an investment estimated in over 700 million dollars and which it wants to use as a platform to begin exporting iron-ore to China. Read full article

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Idlehands
“contribute 1.4 billion dollars to Uruguay’s 39 billion dollars economy over the life of the 20-30 year project”

That doesn't sound like a good return unless it is $1.4bn per annum!?
Jun 29th, 2012 - 08:28 am - Link - Report abuse 0
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ChrisR
That is the usual way to express the return (it is annual).
Jun 29th, 2012 - 02:43 pm - Link - Report abuse 0
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