Paraguay highway project – financing package being secured

A finance package is being secured for the project to widen Route 2 and Route 7 in Paraguay. The package is worth US$500 million in all. The work for the project is being handled by the Rutas del Este consortium. Sacyr holds 60% of the consortium, with Ocho A holding the remaining 40%. The Rutas del Este consortium holds a 30-year concession for the two routes.
June 28, 2019 Read time: 1 min
A finance package is being secured for the project to widen Route 2 and Route 7 in Paraguay. The package is worth US$500 million in all. The work for the project is being handled by the Rutas del Este consortium. Sacyr holds 60% of the consortium, with Ocho A holding the remaining 40%. The Rutas del Este consortium holds a 30-year concession for the two routes.
Finance & Funding

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Paraguay’s key road widening works commencing

Widening work is planned for Route 2 and Route 7 in Paraguay. These highway stretches play important transport roles for the country, linking with capital Asuncion and also connecting the Eastern and Western borders of the country with neighbouring Argentina and Brazil. Construction work is due to commence in mid-2019, although the complete financing package for this PPP project has yet to be finalised. Funding of around US$500 million will be needed for the work, with the project being Paraguay’s first PPP
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