Uruguay has given the green light by passing presidential decree 54/19 for the port project that the Chinese group, Shandong Boama Fishery, hopes to install in Punta Yeguas.
The construction of this logistics base for 500 Asian fishing boats will entail an investment of over 200 million dollars and will include a shipyard, a supply centre for vessels, a deposit plant, a freezing and processing facility as well as a free trade zone.
The Executive decree has generated controversy as the proposal was not tabled with the Legislature, while it has aroused resistance among locals, fishermen and environmentalists.