abrdn and Bestinver Infra successfully acquired Circuito Vial 3, Uruguay's largest road PPP, marking a strategic expansion into the Uruguayan infrastructure market.

Target Information

Circuito Vial 3 (CV3) is a vital infrastructure project in Uruguay, spanning approximately 300 kilometers and serving as a critical transportation link between Brazil and Argentina. The project was structured as a Public-Private Partnership (PPP) by Uruguay's Ministry of Transport and Public Works (MTOP) and was awarded to Copasa and Espina Obras Hidráulicas in 2019, with a contractual term extending over 20 years. This strategic roadway enhances connectivity in the region and facilitates trade and transportation.

The acquisition of CV3 represents a significant move in the infrastructure sector, poised to strengthen the economic ties between Uruguay and its neighboring countries. The deal marks the completion of the infrastructure project just after its finishing, positioning the new owners to leverage the asset's operational capabilities immediately.

Industry Overview in Uruguay

The Uruguayan infrastructure sector has been rapidly evolving, characterized by an increasing trend toward Public-Private Partnerships (PPPs). The government has actively sought private investment to enhance the quality