Uruguay seeks investments in Spain for national infra plan

Tuesday, November 29, 2016

Uruguay's President Tabaré Vázquez presented the national infrastructure plan and related opportunities for investments in Uruguay to a group of Spanish investors in the commercial, railway, cement and construction sectors during a visit to Spanish capital Madrid.

Vázquez shared a working breakfast with business executives and managers of various company sector leaders at Ciudad Grupo Santander, where he was received by the CEO of Santander Group, José Antonio Álvarez and the CEO of Santander Montevideo, Juan Carlos Chomalí.

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During the meeting, Vázquez and Uruguay's finance minister, Danilo Astori, presented business opportunities available in the country and answered questions, according to a government press release.

Business executives present at the breakfast included those dedicated to the areas such as infrastructure development in Uruguay, Spain, and Latin America, large public works, cement plants, construction, railways, airport retail and solar energy.

Afterwards, the president met representatives of company Stadler Rail Valencia, dedicated to rail infrastructure, and construction company Torrescamara, to which he presented the infrastructure plan, with the support of Astori and transport and public works minister Víctor Rossi.

Some of the other companies present at the meeting were Grupo Aldesa, Mapfre, Grupo Revenga, Rover Alcisa, Sacyr and Viscofan.