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

  • Russia's key highway development project
    February 8, 2012
    One of the largest construction programmes in Europe is being carried out to get a Russian resort ready for the Winter Olympics. Patrick Smith reports
    Read More
  • Russia's key highway development project
    May 28, 2012
    One of the largest construction programmes in Europe is being carried out to get a Russian resort ready for the Winter Olympics. Patrick Smith reports. Daytime temperatures top 30°C in September, and with hundreds of shops and hotels, it is not difficult to see why Sochi has become Russia's premier holiday playground. The city, on the east coast of the Black Sea, near the border with Georgia, bustles with tourists, and this is boosted with delegates at the 9th International Investment Forum Sochi 2010.
    Read More
  • Volvo CE US$100 million Americas expansion
    March 22, 2013
    Volvo Construction Equipment president Pal Olney stressed the long-term importance to the company of the North American market while formally recognising the industry giant’s US$100 million expansion programme at its Shippensburg, Pennsylvania facility. Olney cut the ribbon to officially open Volvo CE’s new Americas’ headquarters building. The event also saw the unveiling of the first wheeled loader to roll off the Shippensburg site’s cutting edge assembly line. On the significance of the two big landmarks,
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More

Highlighted Content