Paraguayan plans

The authorities in Paraguay have agreed a funding package with the Latin American Development Bank (CAF) for a series of infrastructure projects in the country. The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction.
April 7, 2014 Read time: 1 min
The authorities in Paraguay have agreed a funding package with the Latin 4900 American Development Bank (CAF) for a series of infrastructure projects in the country.

The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction. Projects included in this include resurfacing of a 73km section of road in Neembucu department, a 100km stretch of road in Canindeyu department and surfacing and reconstruction of a 237km stretch of Route No 9 from Mariscal Estigarribia-La Patria-Infante Rivarola in Boqueron. According to Paraguay’s Ministry of Works, the country requires an annual investment in infrastructure of some $1-1.2 billion.

For more information on companies in this article

Related Content

  • India’s US$20.5 billion road building plans
    August 22, 2024
    India has plans for US$20.5 billion of road building works.
    Read More
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
    Read More
  • Mexico has plans for massive infrastructure investment
    July 19, 2013
    Mexico’s Government has plans for a massive programme of infrastructure improvements across the country. In all some US$314 billion will be invested in infrastructure, of which $47 billion will be targeted at improving the country’s transportation network. Mexico’s national transport and communications ministry, SCT, will manage the projects which include works for highways and airports. The plans are expected to include a combination of private and public funding sources, although further details have yet
    Read More
  • Bosnia cancels a tender for Corridor 5C, part of European route E73
    March 13, 2017
    Bosnia is cancelling a tender for part of its Corridor 5C project, an integral part of the class-A north-south central European route E73. Route E73 runs around 700km from Hungary south through eastern Croatia to Bosnia and Herzegovina and the Adriatic Sea in the area of Ploče port. The longest part of this corridor goes through Bosnia and Herzegovina – nearly 340km. Director of the Bosnian motorways company Autoput FBiH, Adnan Terzic, confirmed the cancelled tender to the Bosnian daily newspaper Dnev
    Read More

Highlighted Content