Spanish construction company Sacyr joined Uruguay's Grinor in a consortium bidding for a contract to recover and maintain highways in the Mercosur member country.
The Greek ship-owning Laskaridis family is investing in a new 100m dollars state-of-the-art grain and wood pellet terminal in Montevideo, Uruguay, adding to the already considerable Greek shipping presence in the country, reports London's Trade Winds.
Brazil's economic and social bank, BNDES, denied it was intent in financing Uruguay's deep sea port on the Atlantic coast, as repeated sources in the Uruguayan government have indicated.
Mercosur negotiations, disputes with Argentina and economic complementation with Brazil are among the main issues of a long agenda that Uruguay and Brazil will address when President Jose Mujica visits his Brazilian peer Dilma Rousseff on Friday in Brasilia.
Paraguayan president Horacio Cartes will be visiting Uruguay next 25 October to meet with his peer Jose Mujica and a month later will be flying to the Vatican to visit Pope Francis, November 25, announced Foreign minister Eladio Loizaga.
Uruguayan President Jose Mujica begins on Wednesday the longest and most ambitious of his overseas trips hoping to convince China to invest in infrastructure projects that are crucial for the development of the country and its foreign trade: a deep water port and recovering the rail cargo network.
Uruguay awarded French gas and power group GDF Suez SA a contract to build a liquefied natural gas (LNG) re-gasification plant at an estimated cost of 1.125 billion dollars, the government said on Tuesday.
Uruguayan exports of goods in March continued falling thus closing a discouraging first quarter, according to Uruguay XXI, the country’s agency responsible for promoting trade and investment in the country.
Uruguay exports increased 9% last year over 2011 reaching 8.751 billion dollars a numerical historic record according to the primary figures released by the Instituto Uruguay XXI, a government funded organization to promote foreign trade. Soybeans, beef and rice remain as Uruguay’s main export items.
Foreign Minister Hector Timerman said that Argentina “is ready to sign” the deep dredging of the River Plane access canal Martin Garcia but warned that before doubts generated by Uruguay’s National Auditing Office regarding the performance of dredgers’ Riovía during the tender process, must be resolved.