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

  • Australia’s road safety problems are a cause for concern
    January 23, 2019
    The Australian Road Research Board (ARRB) has highlighted key problems with road safety. According to the ARRB, these issues must be addressed if Australia’s road casualty rate is to be reduced. Road death tolls are being reduced as he latest results show, but more work needs to be done. According to the ARRB, the road death tolls in Victoria dropped 20% for 2018 when compared with the previous year. This is a major improvement, showing the gains made by Victoria’s road agency VicRoads and the state’s Tr
    Read More
  • UK road safety gain during pandemic
    October 14, 2021
    The UK has seen a road safety gain during the pandemic.
    Read More
  • iRAP: cost of road deaths and injuries continues
    August 26, 2024
    Road deaths alone are estimated to cost US$753 billion annually, according to the latest annual Safety Insights Explorer report.
    Read More
  • Vulnerable road users face greater risks on Europe’s road network
    May 21, 2014
    Data shows that vulnerable road users are benefiting less from improved road safety. This has been revealed in the 2014 Road Safety Annual Report, which highlights latest road safety data. The number of road fatalities fell by 1.7% between 2011 and 2012 in the 31 countries covered by the International Road Traffic and Accident Database (IRTAD), according to the International Transport Forum at the OECD. However, road safety policies are not succeeding in improving protection for vulnerable road users. The l
    Read More

Highlighted Content