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

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. 

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

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.

U.S. companies involved in the security and construction sectors are encouraged to consider Uruguay’s market and its prison construction initiative.

U.S. companies that provide essential infrastructure and smart port technology are encouraged to consider the Uruguay market. 

Uruguay’s Telecommunication Market Outlook and Opportunities. 

Uruguay would like to increase the number of market participants in the EV sector, which represents an opportunity for U.S. electric vehicle producers.

The Uruguayan government launched a pilot program for hydrogen powered vehicles and is interested in companies that can provide and integrate this technology.