New Paraguay road tender plan

Tendering is opening in Paraguay for the country’s Transchaco road project. The construction start date has not yet been revealed but the work is expected to take two years to complete once building gets underway. Building the new Carlos Antonio Lopez route is expected to cost US$670 million, with the 559km road connecting Cerrito and Mariscal Estigarribia. Funding worth $400 million is being supplied by the Development Bank of Latin America (CAF) while $160 million is being supplied by the Inter-American D
April 2, 2019 Read time: 1 min

Tendering is opening in Paraguay for the country’s Transchaco road project. The construction start date has not yet been revealed but the work is expected to take two years to complete once building gets underway. Building the new Carlos Antonio Lopez route is expected to cost US$670 million, with the 559km road connecting Cerrito and Mariscal Estigarribia. Funding worth $400 million is being supplied by the 5516 Development Bank of Latin America (CAF) while $160 million is being supplied by the 2791 Inter-American Development Bank (IADB).

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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
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