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
September 13, 2018 Read time: 1 min

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 5516 Development Bank of Latin America (CAF) and South American development fund Fonplata. Meanwhile a $90 million loan is being sought from the 2791 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 Transchaco route and the Pozo Colorado route. The plans call for both of these road links to be resurfaced.

Finance & Funding

For more information on companies in this article

Related Content

February 15, 2017

Paraguay is planning projects for highway rebuilding

In Paraguay the government is setting up plans for rebuilding Ruta 9, the Transchaco road. Negotiations have been held with regard to funding with the Inter-American Development Bank (IADB). A loan worth US$160 million from the IADB will help fund the work. Funding for the project will also be provided by the Development Bank of Latin America (CAF).
May 13, 2019

Loans secured to pay for Argentina road 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.
boombox1

Highlighted Content

boombox2