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

  • 4th Ibero-American road safety focus planned
    July 2, 2014
    The Latin America and Caribbean Region suffers from a high number of crashes on rural roads and also in the urban areas. Road crashes are now one of the leading causes of death in the region, especially for those aged 5-44. There are around 100,000 reported road fatalities/year in Latin America and the Caribbean while over 5 million/year are injured. Data from the World Health Organisation (WHO) shows that the death and serious injury rates are 10-20 times higher than in other industrialised regions, highli
    Read More
  • Panama plans projects
    February 10, 2012
    Panama City will benefit from four road contracts worth a total of US$112.4 million awarded to deal with transport upgrades.
    Read More
  • Serbia reduces cost of highway construction
    March 22, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget.
    Read More
  • IDB, iRAP extend Latin America-Caribbean work
    February 25, 2025
    The five-year deal was signed during the Ten Steps to 2030 for Safer Road Infrastructure Side Event at the recent 4th Global Ministerial Conference on Road Safety underway in Marrakech, Morrocco.
    Read More

Highlighted Content