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

  • Financing found for Paraguay planned project
    April 30, 2018
    Funding has been secured to pay for rebuilding work on the Transchaco road in Paraguay. A series of loans worth a total of US$560 million is paying for the rebuilding work. The Development Bank of Latin America (CAF) is providing the bulk of the funding in the shape of a loan worth $400 million. Meanwhile the Inter-American Development Bank (IADB) is providing a loan of $160 million for the work.
  • Paraguay road deal being signed
    January 17, 2017
    Paraguay’s Ministry of Public Works and Communications is awarding a major package of works to widen two key highway routes. The construction work will be carried out on Route 2 and for Route 7 and involves adding extra lanes and improving safety, in a bid to boost capacity as well as protection measures for road users. Construction of the US$520 million package is expected to commence in mid-2017, with the work being carried out under the PPP model. Route 2 is also known as the Mariscal Jose Felix Estigarr
  • Sacyr enters Paraguay road sector
    October 25, 2016
    Sacyr subsidiary Sacyr Concesiones is leading a consortium to will build and operate the Road 2 and Road 7 routes in Paraguay. The Road 2 route will connect Asunción and Coronel Oviedo. Meanwhile the Road 7 route will run from Coronel Oviedo to Caaguazú. Construction is expected to cost US$520 million with the concession package being for a period of 30 years. The Route 2 and Route 7 combined deal is of note as this will be Paraguay’s first PPP for a highway project. The consortium is headed by Sacyr Conces
  • Paraguay bridge project progressing
    June 25, 2021
    Construction work is progressing on a key bridge project in Paraguay.