Posadas Posadas lands another record FDI deal

Friday, 4th November 2011 by Marieke Breijer

Posadas, Posadas & Vecino is assisting UK-based mining company Zamin Ferrous and Uruguayan subsidiary Minera Aratiri in developing an iron ore project worth some US$3 billion – representing the largest ever foreign direct investment in Uruguay’s history.

Once the project is completed, iron ore may replace tourism and meat as Uruguay'a main source of income

Once the project is completed, iron ore may replace tourism and meat as Uruguay'a main source of income (Credit: Petr Brož)

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