Second Montevideo box terminal getting second look

25 Aug 2010

Authorities in Uruguay are taking a second look at the project to build a second container terminal in the port of Montevideo.

All concerned agree the need for such a facility, but there is disagreement on how it should be developed.

In 2009, a new law was passed allocating the concession to a public entity, which was then to auction it as a means of speeding up the entire concession process.

No bidders attended the auction, prompting the government to consider a new way of finding a buyer.


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