Corporación Vial del Uruguay SA (CVU)
Corporación Vial del Uruguay SA (CVU)
About

Corporación Vial del Uruguay SA (CVU) is a private company that today has the sole operation of a Road Concession granted by the Ministry of Transport and Public Works of Uruguay.

Currently, the National Development Corporation (CND) - a private law public entity - is the owner of the entire CVU share package. In 2002, the Legislative Power authorized the sale of CVU shares in a competitive process with a public offering. Said sale was never made, there being the will of the current administration of the CND not to proceed to it.

The concession was assigned directly to the CND, in accordance with the provisions of the regulations that mandate public procurement (TOCAF).

The contract establishes that the CND could create a company for the execution of the contract, which created the CVU. The concession contract is then assigned by the CND to the CVU, counting said assignment with the non-objection of the MTOP and the approval of the Executive Power.

The concession contract establishes that the directors of the CVU will be the same as those of the CND. In 2005, an amendment to the concession contract was introduced to replace one of the directors of the CND with one proposed by the MTOP, a change that was made.

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Company Offices

  • Uruguay (headquarters)
  • Montevideo
  • Corner 528, 5th floor