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

  • Australian projects underway
    May 28, 2012
    The consortium building Australia's new Northern Link tollway expects the project to require four years to complete. The US$1.41 billion (A$1.5 billion) project is being carried out by a consortium led by Spanish contrator Acciona, with construction due to commence at the end of this year. The work is being part funded by a $745 million loan from the State Government for the area and will also receive $532 million of funding from the Federal Government.
  • Nicaragua road upgrades - funding secured
    March 1, 2018
    Financing worth US$238 million has been secured for planned road upgrades and improvements in Nicaragua. The funding comes in the shape of a loan from the Central American Bank for Economic Integration (CABEI). The upgrade works will be carried out to just over 194km of roads across the country. These works form part of the Nicaraguan Government’s VII Road Improvement and Renovation Programme. Meanwhile a further funding package worth $1.4 million from CABEI will help pay for various studies for Phase I of
  • Funding secured for Philippines road projects
    February 15, 2019
    A loan package has been sourced for the Cebu Cordova Link Expressway project in the Philippines.
  • Despite earlier contractor issues, road projects in Bosnia are proceeding on track
    May 16, 2012
    Key road construction projects are now moving forward in Bosnia with work on-track for the Sarajevo ringroad as well as the Corridor Vc highway. Construction of a 130km section of the Corridor Vc highway should be complete by 2014 according to Bosnia's Ministry of Transport and Telecoms. Work on the first section of the Sarajevo ringroad should be completed within five months, following the signing of an agreement worth €17 million between the Austrian firm Strabag and the Bosnian company HP Investing. The