Loan will fund key road deal in Argentina

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
July 6, 2012 Read time: 1 min
The 2791 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 fatality rate.

For more information on companies in this article

Related Content

  • France a star in road safety
    September 3, 2012
    In the past, France had a poor road safety record. This has turned around to make the country a success story
    Read More
  • Safety gains on Europe’s roads with lower KSI rates
    February 19, 2014
    Better road safety is helping to cut KSI rates right across the EC - Mike Woof writes Road safety continues to improve in Europe, with official statistics for 2012 showing a drop in fatalities of 2,661 compared with the figures for 2011. The latest data from Pan-European police body TISPOL shows an encouraging trend towards better road safety. This highlights safety improvements right across the EU. In 2012, a total of 27,700 people were killed in road crashes in the European Union’s 27 member states, eq
    Read More
  • Changing policy for Europe’s road funding?
    August 27, 2013
    The 2011 EC White Paper on Transport acknowledges that transport is the backbone of Europe’s economy, directly employing 10 million people and accounting for approximately 5% of EU GDP. In addition, it recognises that ‘infrastructure shapes mobility’ and that ‘curbing mobility is not an option’. Given the importance policymakers place on the ability to move people and goods seamlessly across Europe, it becomes rather hard to explain why they have neglected for so long the main ‘vehicle’ for mobility acro
    Read More
  • EBRD supplies loan for Albania’s road development
    February 11, 2020
    The EBRD is suppling a loan to help pay for Albania’s planned road development works.
    Read More

Highlighted Content