Uruguay Reaches Agreement with Railroad Building Consortium
3 Articles
3 Articles
Uruguay reaches agreement with railroad building consortium
The Uruguayan Government of President Yamandú Orsi Monday reached an agreement with the Grupo Vía Central consortium to resolve a dispute over unpaid debts regarding the Central Railway project, thus avoiding international arbitration, it was announced in Montevideo.
The president of the Republic, Yamandú Orsi, reported yesterday that the agreement was closed with the consortium Grupo Via Central (Ferrocarril Central), after a negotiation that took place since 1 March, linked to payments to the consortium. “It is up to us to find the way out so that Uruguay can continue honoring the contracts, that what has to be paid, is paid, but, fundamentally, so that the railway project has a future and the production h…
The president of the Republic, Professor Yamandú Orsi, said that the agreement with the consortium Via Central Group allows the government to comply with the commitments assumed and guarantees the continuity of the railway project. The president of the Republic, Professor Yamandú Orsi, reported that the agreement was closed with the consortium Via Central Group, after a negotiation that took place since March 1, 2025, linked to payments to the c…
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