Paraguay plans public projects

Paraguay is planning to launch a series of project tenders during 2014. The country's public works and communications ministry (MOPC) intends to invest some US$700 million in 19 infrastructure road tenders during 2014, according to Business News Americas. Two tenders for the construction and rehabilitation of Asunción's eastern access road and the Cruce Guaraní-Pindoty Porá route in Canindeyú department have already been launched. These are due to be awarded shortly. In the first quarter of 2014, MOPC aims
March 10, 2014 Read time: 2 mins
Paraguay is planning to launch a series of project tenders during 2014. The country's public works and communications ministry (MOPC) intends to invest some US$700 million in 19 infrastructure road tenders during 2014, according to Business News Americas. Two tenders for the construction and rehabilitation of Asunción's eastern access road and the Cruce Guaraní-Pindoty Porá route in Canindeyú department have already been launched. These are due to be awarded shortly. In the first quarter of 2014, MOPC aims to tender an additional nine projects, including expanding and improving route 3 and the construction of 28 bridges. The second quarter of 2014, meanwhile, will see an additional six tenders, including improving route 13 and paving works throughout the country. The remaining two projects - the rehabilitation of roads in Paraguarí, Guairá and Misiones departments as well as the construction of an overpass in Asunción - will be tendered within the second half of the year. The $700 million investment programme represents a major step for Paraguay. The financing for the projects is set to come from sovereign bonds as well as a $222 million loan from Latin American Development Bank CAF and a $200 millionn loan from the IDB.

Related Content

  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
    Read More
  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to
    Read More
  • Brazil’s ANTT launches public consultation for NovaDutra extension
    March 18, 2016
    Brazil's national land transport agency ANTT has launched a public consultation concerning a proposed contract extension of 13 years for the NovaDutra highway concession held by CCR. The deal covers the Rodovia Presidente Dutra highway between Rio de Janeiro and Sao Paulo, according to a report by the Valor Economico newspaper. Consultations will run for 30 days until mid-April and include two sessions in Sao Paulo and Rio de Janeiro.
    Read More
  • Thailand Government plans infrastructure programme
    November 24, 2015
    Major plans are in hand in Thailand for transport infrastructure development. The country’s Ministry of Transport is revising its construction plans for a series of key transport infrastructure projects at present. Several selected plans will then be presented to the cabinet in mid-December 2015. A total of five public-private partnership (PPP) ventures are among projects that will be re-submitted to the cabinet for approval. Two of these PPP projects are highways that will cost an estimated US$3.9 billion.
    Read More

Highlighted Content