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

  • Brazil motorway upgrade programme gets extra US$250mn from IADB
    January 21, 2013
    A US$250 million loan has been agreed for a huge motorway upgrade scheme in southern Brazil. The loan from the Inter-American Development Bank (IADB) means a total of $319.47 million (BRL 650mn) is now available for the Pacto por Santa Catarina programme. The 25-year deal includes a 66 month loan grace period. The first phase of the Pacto programme will include an investment of $163.19 million in ten projects covering 222kms. The projects include the construction of new roads as well as asphalting and recov
    Read More
  • Time extension for Paraguay project financing
    April 19, 2018
    A time extension has been offered to the consortium that will build Paraguay’s Ruta 2 and Ruta 7 highway projects. This extended period has been authorised by Paraguay’s Ministry of Public Works and Communications (MOPC). The highway contract is being handled by the Rutas del Este consortium, which is made up of the contractors Mota Engil, Ocho A and Sacyr. Originally the financing package for the highway deal was to have been in place by April 14th 2018. However the consortium’s deadline for the PPP
    Read More
  • Delays for Costa Rica projects
    May 28, 2012
    In Costa Rica delays have hit the channelling of a loan provided by the Inter-American Development Bank (IADB) for infrastructure projects. The US$300 million loan granted from the IADB has yet to be invested into infrastructure projects. Some of the key works planned originally include new roads and bridges
    Read More
  • Brazilian project attracts strong interest
    April 30, 2012
    Interest is strong in Brazil’s BR-101 highway project. The tender for the project will open on 18th January 2012. According to Brazil's Land Transport Agency (ANTT), at least six groups, most Brazilian, have shown interest in the project. The stretch to be put out to tender totals 476km, of which 458km is in Espirito Santo. The ANTT states that US$1.24 billion will be invested in the BR-101, with plans to widen the highway in stages. The concession period for the road totals 25 years and the highway will fe
    Read More

Highlighted Content