Paraguay highway project delayed

Work to improve a major highway connection in Paraguay has been delayed, but will be completed shortly. A consortium, Rutas del Este, is carrying out the work to improve the stretch of Ruta 2 from San Lorenzo to Ypacaraí. The consortium is headed by contractor Sacyr and has been carrying out the work for the PPP deal to upgrade the Ruta 2 and Ruta 7 highways between Ypacarai and Pastoreo.
November 9, 2018 Read time: 1 min

Work to improve a major highway connection in Paraguay has been delayed, but will be completed shortly. A consortium, Rutas del Este, is carrying out the work to improve the stretch of Ruta 2 from San Lorenzo to Ypacaraí. The consortium is headed by contractor 3959 Sacyr and has been carrying out the work for the PPP deal to upgrade the Ruta 2 and Ruta 7 highways between Ypacarai and Pastoreo.

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Funding required for road projects in Paraguay

Funding worth US$500 million has still to be secured for road works in Paraguay. A consortium, Rutas del Este consortium, requires the financing to carry out the widening and upgrade work to Ruta 2 and Ruta 7. The work will be carried out under the PPP model, the first time this has been utilised in Paraguay. Rutas del Este comprises the contractors Sacyr and Ocho A. The consortium will operate the highway under a 30 year concession.
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