Skip to main content

Paraguay to invest US$500mn in roads during 2014

Paraguay’s Ministry of Public Works and Communications (MOPC) is this year said to be planning to invest US$500 million in the South American country’s roads. The figure is said to be part of a proposed infrastructure investment of $7.66 billion for the period 2013-2016. Among the 2014 road projects will be the estimated $84.46 million repair of Route 8 -72.9kms – put out to tender by the MOPC in December 2013. All bids must be submitted on 29 January 2014. Route number 9 -Transchaco- between Mariscal Est
January 21, 2014 Read time: 2 mins
Paraguay’s Ministry of Public Works and Communications (MOPC) is this year said to be planning to invest US$500 million in the South American country’s roads.

The figure is said to be part of a proposed infrastructure investment of $7.66 billion for the period 2013-2016.

Among the 2014 road projects will be the estimated $84.46 million repair of Route 8 -72.9kms – put out to tender by the MOPC in December 2013. All bids must be submitted on 29 January 2014. Route number 9 -Transchaco- between Mariscal Estigarribia and Infante Rivarola -237kms- will also be repaired, along with a 60km highway section between Mariscal Estigarribia and La Patria. Elsewhere, $48.6 million will be spent on works along a 57.31km road section between Vaqueria and Curuguaty, with this project due to start in the second half of 2014. Finally, $53.1 million will be spent on maintenance works along 1,200kms of roads. The works should start in the second half of 2014 and will receive IADB (2791 Inter-American Development Bank) funding.

For more information on companies in this article

Related Content

  • Paraguay road project securing financing
    September 13, 2018
    Financing has yet to be finalised for a series of road construction works in Paraguay. Loans are expected to pay for upgrade works to major road links. A loan of US$142.8 million is being sought from the Development Bank of Latin America (CAF) and South American development fund Fonplata. Meanwhile a $90 million loan is being sought from the Inter-American Development Bank (IDB). And a further $200 million loan would also be sought from the IDB. Road projects to benefit from the funding would be for the
  • Colombian concession contracts cause concern
    June 13, 2014
    A report from insurance firm AIG warns that up to half of Colombia's 4G highway concessions could face financial hurdles due to over-estimated predictions of traffic flows. Colombia is at present putting out to tender its fourth generation (4G) concessions, which involve some US$25 billion in investment, reports Business News America. This investment is impressive and is Latin America's biggest move to expand and improve road infrastructure. But while many companies have shown interest and were prequalified
  • Paraguay PPP project proposals
    November 26, 2015
    Proposals are expected for widening work to two major highways in Paraguay. In all seven consortia look likely to submit their proposals for the PPP widening project for Route 2 and Route 7. The Directorate of Strategic Projects (DIPE) of Paraguay's Ministry of Public Works and Communications (MOPC) has reported that seven of the eleven pre-qualified firms have shown string interest in the work. The project is due for completion after 2019 and will cost close to $400 million. Bidding for the project will no
  • Paraguay bridge project completion date
    June 24, 2022
    A completion date has been set for a Paraguay bridge project.