Argentina road funding for major projects

Financing in the shape of loans will help fund six PPP road projects in Argentina. Loans worth US$200 million and are being supplied by IDB Invest, a division of the Inter-American Development Bank (IADB). In all syndicated loans worth $900 million have been amassed from a number of banks and funding institutions to help pay for the projects. However the road projects are expected to cost in the order of $6 billion in all.

Funding has been secured for a series of road works in Argentina. The Inter-American Development Bank (IADB) is providing US$300 million in the shape of a loan for work on a number of key routes. The road projects being targeted include Routes 6 and Route 8 in Rio Negro; Route 23 in Villa Elisa; the Gualeguaychu ring-road; Route 1 in Catamarca. Meanwhile the finance package forms part of a much wider plan from the IADB to develop infrastructure in Argentina.

Argentina looks set to benefit from a series of major new transport projects. Loans worth up to US$650 million will help pay for a series of projects, including Argentina’s contribution to the Agua Negra Tunnel link with neighbouring Chile. The loans will be organised by the Inter-American Development Bank (IADB). A further loan of $156 million to road concession company AUSA will help pay for transport projects in Buenos Aires, including the construction of the Lacarra Bridge to connect with Lanus and upgr

The Inter-American Development Bank (IADB) is providing a loan worth US$200 million to Argentina’s Government that will be used for road improvements. The loan will be directed towards safety and capacity upgrades to provincial and national roads. The funds will be channelled through the government programme Programa de Infraestructura Vial Productiva II. More than 4,000 people died in road traffic accidents in Argentina during 2010 and the authorities are looking to improve the safety levels and reduce the