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.

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