Is one of Uruguay’s leading law firms, assisting hundreds of companies and individuals doing business and investing in Uruguay. With a multi-disciplinary team of lawyers, conveyance attorneys, MBAs, and tax accountants, Fischer & Schickendantz prizes its focus on providing a one-stop solution to corporate leaders, both local and from overseas. A full-service law firm, our practice is divided into six core units: Corporate, Real Estate, Litigation, Tax & Incorporation, Immigration Law and Agribusiness, providing the highest level of service and expertise.
Uruguayan Government announced the construction of a fishing pier
Uruguayan Government announced the construction of a fishing pier in the Capurro area, Montevideo, and the call for bids to build a seafood freezing plant. By achieving so, Uruguay shall strengthen its position as an operation base for overseas fishing vessels. In this port terminal Spanish, Korean, Chinese vessels operate as well as those from other countries for unloading goods, equipment repair and crew member transshipment. Uruguay has certain comparative advantages over other countries in the region, making it an attractive destination for foreign fishing fleets: Argentina does not allow landing activities of foreign fishing vessels, and Brazil does not have the free port system implemented in Montevideo. The works of the fishing terminal in Capurro will begin in July 2017, and it is expected to be completed in two years. The project includes a 1,200 metre pier for industrial fishing vessels and their cost is estimated at USD 90 million.
First international public tender for construction of social-education infrastructure under the PPP system
Uruguayan Government announced the first international public tender for construction of social-education infrastructure under the PPP system, which will take place in November 2016. It shall cover the construction of 165 Educational Centers (early childhood, primary, secondary and technical) for USD 400 million and 60 Early Childcare Centers (CAIF) for USD 30 million. This first call includes construction of 44 children’s educational centers –kindergartens- and 15 CAIF centers, with a 20 years term. The project is based on the designing, financing and building of the centers, providing routine maintenance for infrastructure, and covering daily cleaning service. Reported schedule: November 2016, with a term of five months to submit bids, four months for provisional award and six months for final award.
Japanese shipping company Mistsui O.S.K Lines will begin operating in Uruguayan waters in 2018
Japanese shipping company Mistsui O.S.K Lines will begin operating an offshore-liquefied natural gas receiving and storage unit in Uruguayan waters in 2018. The floating storage regasification unit, or FSRU, will store liquefied natural gas (LNG) sent from the Middle East and the U.S. via specialized carriers. The unit will feed the LNG to power stations and other sources on the mainland through a pipeline after returning the material to gaseous form. The floating terminal is expected to supply gas to Argentina and other countries from the region.