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Project Detail

UR-L1076 : Program for Strategic International Positioning

Project Description

During the last decade Uruguay has improved its international position through policies of economic liberalization and investment promotion. The country has attracted significant investment projects that underpinned its growth process. The location of these projects was due to a combination of factors, among which we would highlight its strategic location to supply major markets of South America, the availability of resources and various policies to attract investments driven by the public sector.In this regard, the Government of Uruguay has initiated has initiated a series of reforms in recent years that are intended to achieve a sustained process of consolidating long-term investment. Among the major policy reforms that the present government is committed to promote are: i) the adequacy of investment promotion regime seeking to optimize their impact and improving transparency thereof, ii) compliance with global standards of exchange international information on financial and fiscal, searching the country to continue advancing in the various stages of the peer review process of the Global Forum on Transparency and Exchange of Information in Tax Matters iii) the creation of a regulatory framework for sharing risks between the public and private infrastructure projects generating large APP for specific projects, iv) actions for the modernization of trade facilitation practices and updating of customs rules, and v) implementation of policies that enable innovation deepen development impact of FDI.

Procurement Information

News Release: Mar 6, 2013 - IDB supports increased investment and exports for Uruguay with $550 million loan

Project at a glance

Project Number
UR-L1076
Country
Uruguay
Sector
TRADE
Project Status
Approved
IDB Financing*
550.00
 

Latest Project Documents

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* For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparation.

UR-L1076 : Program for Strategic International Positioning

Basic Information

Project Number: UR-L1076
 

Operation Number

 

Project Status

 

Approval Date

 

Contract Signature Date

  2920/OC-UR   Implementation   MAR 5, 2013   MAR 15, 2013
  2922/OC-UR   Implementation   MAR 5, 2013   MAR 15, 2013
Country Uruguay
Sector TRADE
Subsector TRADE-EXPORT AND INVESTMENT PROMOTION
Project Type Loan Operation
Project Subtype Programatic Policy Base Loan

UR-L1076 : Program for Strategic International Positioning

Financial Information Summary

Total Cost - Historic USD 550,000,000

IDB Financing

   Reporting currency(ies) USD - United States Dollar
   Estimated Cofinancing(s) USD 550,000,000

UR-L1076 : Program for Strategic International Positioning

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UR-L1076 : Program for Strategic International Positioning


Georeferenced data for this project does not exist.

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