TECNOVE signs a contract with the Government of Uruguay for the construction of educational infrastructures

On September 1, Uruguay’s National Public Education Administration (ANEP) and the Institute for Children and Adolescents from Uruguay (INAU) signed an agreement with TECNOVE for the construction of educational centers and Family Comprehensive Care Centers (CAIF).

The project has been awarded to a group of private companies formed by TECNOVE, BTD Capital (Spain), Conami Ltda and Basirey S.A. (Uruguay), and will result in the construction and maintenance of 12 schools, three preschools and 27 CAIF centers in 15 Uruguayan departments, namely Canelones, Montevideo, Maldonado, Colonia, Tacuarembó, Paysandú, Río Negro, Salto, San José, Soriano and Cerro Largo.

The project has an investment of approximately US$50 billions, by which the Uruguay’s government will pay a fee for 22 years. The consortium of companies will be responsible for the construction, maintenance and security of the centers for a period of 20-22 years, with a maximum of three years just for construction.

This is expected to provide educational services to a total of 5,766 students among all centers. This closes a negotiation process that began in 2018.

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