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

  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
  • Funding for El Salvador road project
    May 25, 2023
    Funding has been secured for an El Salvador road project.
  • Brazil’s Parana state continues with infrastructure investment
    January 8, 2015
    The Brazilian state government of Parana has spent around US$1.73 billion on infrastructure projects over the past four years, including roads, railways, airports, ports and public buildings. According to Jose Richa Filho, the state’s infrastructure secretary, more investments will be made by local partners and through international financing. Around $3.63 million for road works between 2015 and 2018 with fund coming from partnerships with Votorantim and Klabin. Votorantim Group is one of the largest
  • Expanding the Panamericana Oestae Highway in Panama
    November 3, 2023
    Expansion of the Panamericana Oeste highway is an infrastructure project that will help guarantee the future of Panama - Mauro Nogarin writes