Skip to main content

Paraguayan project pushes on

Work on the new Avenida Costanera road in the Paraguayan city of Asuncion is progressing on track.
February 29, 2012 Read time: 1 min
Work on the new Avenida Costanera road in the Paraguayan city of Asuncion is progressing on track. The 3.8km link is being part funded by a loan from the 2791 Inter-American Development Bank (IDB). The project is costing US$125 million. So far the necessary landscaping work has been carried out and work on much of the surfacing is commencing shortly. The 18 month construction project is due for completion in early 2012, according to the 3421 Paraguay Ministry of Public Works (MOPC).

For more information on companies in this article

Related Content

  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
  • Investment for Brazil’s Sao Paulo ring road
    June 8, 2012
    A new loan has been approved that will help finance works on the northern stretch of the Sao Paulo ring road in Brazil. The US$1.15 billion loan is being provided by the Inter-American Development Bank (IADB). Approval for the IADB loan has come from Brazil’s Committee for Economic Affairs (CAE) at Brazil's Senate. The loan will finance construction of the Rodoanel Norte stretch of the ring road. This measures some 44km long and will connect with the west and east sections of the ring road as well as linkin
  • Paraguay tender process opening for bids
    March 22, 2017
    Paraguay is opening the tender process for construction work on the Alberdi-Pilar road. The tender is being handled by Paraguay’s Ministry of Public Works and Communications (MOPC). Work on the 96km route will include surfacing and the project is expected to cost just over US$131 million. Financing is being provided in the form of a loan from Fonplata. The project will include building six bridges measuring a total of 2.3km, as well as installing hard shoulders and drainage along the route. The work will be
  • Costa Rican MOPT to progress two key road projects in 2013
    December 10, 2012
    The Ministry of Public Works and Transport (MOPT) in Costa Rica is planning to invite tenders to design a 4km-5km four lane flyover that will link Calle Blancos with Zapote during 2013. Achieving some progress on the delayed 5km Circunvalacion Norte ring road project is also said to be a MOPT priority. A tender for the design of the toll-less flyover is due to be launched in January 2013, with construction earmarked to start in 2014. It is expected to be completed after 18 months. Expropriations are not req