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Authorities promoting public-private rail projects totaling US$315mn (Uruguay)
2010-10-13
The Uruguayan government is looking into possible public-private partnerships (PPPs) worth an estimated US$315mn for rail projects, the project evaluation manager of the country's national development corporation (CND), Marcelo Perez, told BNamericas.

 

The PPP model is expected to be implemented once the country's private investment law is passed by congress, said Perez. A bill to create the legislation will be submitted to congress later this month.

 

State-owned railway firm AFE has already drawn up the projects, which consist of repairs and upgrades to improve cargo handling on a number of existing rail lines, according to Perez.

 

The lines include Pintado-Rivera (US$90mn), Chamberlain-Algorta-Fray Bentos (US$100mn), Toledo-Nico Perez-Rio Branco (US$75mn) and Algorta-Paysandu-Salto (US$50mn).

 

A number of works are already being carried out along the Pintado-Rivera line, but further improvements will need to be made, Perez said.

 

Uruguay's rail infrastructure ranked 101 out of 133 countries evaluated under the 2009-2010 Global Competitiveness Index.


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