MercoPress, en Español

Montevideo, February 2nd 2023 - 15:23 UTC



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

Friday, June 29th 2012 - 03:00 UTC
Full article 2 comments

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


Disclaimer & comment rules
  • 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
  • ChrisR

    That is the usual way to express the return (it is annual).

    Jun 29th, 2012 - 02:43 pm - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!