Paraguay road project planned, with funding to be sourced

Paraguay is in the process of sourcing a portion of the necessary funding for its Transchaco road project.

June 13, 2017 Read time: 1 min

Paraguay is in the process of sourcing a portion of the necessary funding for its Transchaco road project. The financing package has to be finalised but could be delivered by the 2791 Inter-American Development Bank (IADB). Funding worth some US$150 million could be provided by the IADB.

However further international funding will be required for the project to be delivered. Including the IADB input, this could range from $400-500 million.

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Inter-American Development Bank

Funds agreed, further funds sought for Paraguay road and bridge projects

Paraguay's Ministry of Public Works and Communications (MOPC) has requested a US$289.45 million donation from the Mercosur Structural Convergence Fund (Focem) for the second stage of the Costanera road project (Costanera II) and a second bridge connecting the country to Brazil. Of this total, around $117.44 million will be allocated to works on Costanera II. This is higher than the initial estimate of $100 million, with 60% covered by Focem and 40% financed by a local counterpart. The bridge, which will req

April 2, 2019

New Paraguay road tender plan

September 13, 2018

Paraguay road project securing financing

Financing has yet to be finalised for a series of road construction works in Paraguay. Loans are expected to pay for upgrade works to major road links. A loan of US$142.8 million is being sought from the Development Bank of Latin America (CAF) and South American development fund Fonplata. Meanwhile a $90 million loan is being sought from the Inter-American Development Bank (IDB). And a further $200 million loan would also be sought from the IDB. Road projects to benefit from the funding would be for the

August 19, 2016

Argentina highway project tender process

The tender process for a major new highway project in Argentina is expected to commence in 2017. The new highway will connect Santa Fe with San Justo and will measure 82km in length. The project is expected to cost in the region of US$166 million to construct, with funding being supplied by the Inter-American Development Bank. The schedule for the project has not been finalised and will not be clarified until the tender is awarded but construction work could commence during 2018.