Paraguay in talks with Inter-American Development Bank (IADB)

Paraguay’s Ministry of Public Works and Communications (MOPC) hopes to finalise a US$100 million loan with the Inter-American Development Bank (IADB) for construction of new roads. The loan, expected to be signed at the end of November, will be for construction of around 400km of new roads and 2km of new bridges. Once the loan is signed, MOPC hopes to open tenders for the projects in December. Paraguay also plans to award infrastructure projects for a record $758 million in the last three months of th
October 21, 2014 Read time: 1 min
Paraguay’s Ministry of Public Works and Communications (MOPC) hopes to finalise a US$100 million loan with the 2791 Inter-American Development Bank (IADB) for construction of new roads.

The loan, expected to be signed at the end of November, will be for construction of around 400km of new roads and 2km of new bridges. Once the loan is signed, MOPC hopes to open tenders for the projects in December.

Paraguay also plans to award infrastructure projects for a record $758 million in the last three months of the year, the MOPC recently said in a statement. Plans include several road projects and the construction of a bridge connecting Paraguay and Brazil.

For more information on companies in this article

Related Content

  • Chilean highway project faces questions
    February 14, 2012
    The plans for Chile's new Vespucio Oriente highway are under a question mark at present. The Chilean Construction Chamber (CChC) and the association of concession-holders (COPSA) have raised concerns over the plans by the country's government to press ahead with the construction of the 13km Vespucio Oriente highway in capital Santiago.
    Read More
  • Paraguayan projects proposed
    May 9, 2019
    Transport infrastructure projects in Paraguay are gathering pace. The country’s Ministry for Public Works and Communications says that work for the first two stretches of the Transchaco road upgrade project will commence in the third quarter of 2019. The work is being carried out in eight stretches and is expected to cost a total of US$605 million in all. Funding for the widening work is being provided jointly by the Development Bank of Latin America (CAF) and the IADB. The CAF is providing a package worth
    Read More
  • Colombia: Cesar-Guajira road project awarded to El Condor
    May 15, 2015
    The Colombian government has awarded the contract for construction of the Cesar-Guajira road to Construcciones El Condor, sole bidder for the work. The deal is a US$165 million public-private partnership (PPP) aiming to improve connectivity with the country’s Caribbean coastal departments. The 350km road will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. Colombian Vice President, German Vargas Lleras, said five projects have been approved under the PPP sc
    Read More
  • BAM wins motorway deals in The Hague and Munich
    December 7, 2015
    The Dutch city of The Hague has awarded a BAM joint venture with a €300 million design, construction and maintenance contract for a 4km city road. The new connecting road will run between the motorway at the Ypenburg interchange, A4 and A13, and The Hague’s Central Zone of Binckhorst-Centrum-Scheveningen. Construction will start in mid-2016 and the road is expected to be open by early 2020. The Rotterdamsebaan will make The Hague and its immediate region better accessible by connecting the A4 /A13
    Read More

Highlighted Content