Uruguay’s Ministry of Tourism has issued a call for bids for construction of a luxury hotel-casino in La Paloma, in the Rocha Department, Yogonet reported August 23.
Minister Tabaré Viera said the bid deadline is October 24. Bid documents cost $10,000.
The bidding is to buy about 67 acres owned by the Ministry of Public Works, located near the port of La Paloma that is valued at about $6 million.
The resolution signed by President Luis Lacalle Pou requires that a luxury hotel-casino be built on the parcel, with a private gaming concession granted for 20 years, giving the operator a royalty of 7.2 percent of the gross income the first seven years and then increase to 7.97 percent. Previous bids have not passed the first stage of the call for bids.
This project, says the government, is not intended to compete with other hotels, but to add “clients, events, conventions, and a casino room as attractions.”
