Fonplata funds road repairs in Uruguay

Fonplata funds road repairs in Uruguay

Loans Project & Infrastructure Finance Debt Uruguay

Fonplata said it has lent $50m to Uruguay's national port authority ANP to pay for repairs to the Rambla of Montevideo, an avenue and promenade that runs 22km along the coast. The project includes building a new viaduct and a new bridge along with repairs to the sidewalk and roadworks to make it easier for vehicles to get in and out of the port area in Montevideo, Fonplata said in a press release. Fonplata also said it has signed a technical cooperation agreement with the transportation ministry

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