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The Eje Vial Del Cono Sur Highway Project in Uruguay

Author

Listed:
  • Alberto Barreix

    (Inter-American Development Bank, Senior Trade and Integration Economist, Washington D.C)

  • Glenn P. Jenkins

    (Queen’s University, Canada and Eastern Mediterranean University, North Cyprus)

  • Mario Marchesini

    (Researcher at HIID Program on Investment Appraisal and Management)

Abstract

The Eje Vial del Cono Sur is a project to develop a road in Uruguay from Colonia to Rio Branco on the northern border with Brazil that will run across in the south. The road would form part of an important transportation link between Buenos Aires in Argentina and Sao Paulo in Brazil. The implementation of this project depends on the construction of a bridge to link Colonia to Buenos Aires. Without this bridge, most of those involved believe that the levels of traffic on the road between Colonia and Rio Branco would not justify the project at this time. It is being proposed that the Eje Vial del Cono Sur Highway would be a toll road. The initial plan of the government of Uruguay is to award a concession to a domestic investor to finance, develop, maintain, and operate this road.

Suggested Citation

  • Alberto Barreix & Glenn P. Jenkins & Mario Marchesini, 2003. "The Eje Vial Del Cono Sur Highway Project in Uruguay," Development Discussion Papers 2003-02, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:263
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    Citations

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    Cited by:

    1. Ilker Ersegun Kayhan & Glenn P. Jenkins, 2016. "Determination of Socially Equitable Guarantees for PPPs: A Toll-Road Case from Turkey," Development Discussion Papers 2016-06, JDI Executive Programs.
    2. Ilker Ersegun Kayhan & Glenn P. Jenkins, 2016. "Evaluating Minimum-Traffic Guarantees for PPPs in Turkey by Real-Option Pricing," Development Discussion Papers 2016-02, JDI Executive Programs.

    More about this item

    Keywords

    Toll road; integrated investment appraisal; Brazil; Argentina; Uruguay;
    All these keywords.

    JEL classification:

    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate

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