Financing found for Paraguay planned project

Funding has been secured to pay for rebuilding work on the Transchaco road in Paraguay. A series of loans worth a total of US$560 million is paying for the rebuilding work. The Development Bank of Latin America (CAF) is providing the bulk of the funding in the shape of a loan worth $400 million. Meanwhile the Inter-American Development Bank (IADB) is providing a loan of $160 million for the work.
April 30, 2018 Read time: 1 min

Funding has been secured to pay for rebuilding work on the Transchaco road in Paraguay. A series of loans worth a total of US$560 million is paying for the rebuilding work. The 5516 Development Bank of Latin America (CAF) is providing the bulk of the funding in the shape of a loan worth $400 million. Meanwhile the 2791 Inter-American Development Bank (IADB) is providing a loan of $160 million for the work.

Finance & Funding

For more information on companies in this article

Related Content

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
December 15, 2014

Paraguayan projects planned for road rebuilding

A series of road projects is now being funded in Paraguay due to financing being provided by the Inter-American Development Bank (IADB). Paraguay’s Ministry of Public Works and Communications is scheduling new road projects in the eastern part of the country during the first half of 2015. The US$105 million IADB loan will pay for 400kms of new roads and 2km of new bridges, with much of the work being carried out in rural areas.
boombox1

Highlighted Content

boombox2