The City Council of Maldonado will authorize, before the end of the year,the construction of a mega touristic Project with an investment of USD 430 million in Punta del Este, main Uruguayan seaside resort, at 130 kilometres East of Montevideo. Jorge Fernández, one of the businessmen connected to the Project, said it is “the most important investment in the country, after the one made by Finís company Botnia” in Fray Bentos.