Uruguay plans to invest in infrastructure, technology, modernization systems, expansion of connectivity, implementation of 5G, and in new digital services.   

The Uruguayan government is working to improve the country’s water infrastructure and resilience to drought.

The IT Sector in Uruguay offers many opportunities related to 5G.

The binational Salto Grande Hydroelectric plant (Argentina/Uruguay) is undergoing a modernization and renovation project.

The Government of Uruguay announced a $500 million USD investment in water infrastructure projects.

Companies are encouraged to search for oil after evidence of likely reserves in Uruguay’s offshore waters.

Plans for the construction of a 10-hectare fishing port is expected to provide logistics support to commercial fishing fleets and related port activities.

The Uruguayan government launched a roadmap to develop its green hydrogen sector by 2040.

Uruguay’s October 2020 investment law is a primary drivers for the increased investment in agricultural equipment.

An important Uruguayan law regarding pharmaceutical patent protection is amended. 

International airports in Montevideo and Maldonado will undergo investment in lighting systems, air surveillance radars and communications systems.

The Uruguayan state-owned oil refinery launched a project to produce green hydrogen from renewable sources.

This project is for the concession of a fishing port terminal in the Port of Montevideo. 

Uruguay’s roadmap for digital development will create opportunities for software and hardware providers, telecom and network services companies.

The Government of Uruguay extended the concession of Montevideo’s port container terminal to the Belgium company Katoen Natie, until the year 2080.