Skip to main content

Sacyr enters Paraguay road sector

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
October 25, 2016 Read time: 2 mins
3959 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 Concesiones and also includes with Mota Engil and Ocho A.

The route the roads run through is Paraguay’s most economically active sector. Building Road 2 and Road 7 will involve widening up to 170km of existing roads and constructing bypasses around urban areas lying between the cities of Asunción and Caaguazú. The Ministry of Public Works and Communications (MOPC) handled the tender for the project and will have access to the consortium's accounts as well as supervising compliance with the contract.  

By-passes included in the project are located at Ypacaraí, Caacupé, Itacurubí de la Cordillera, San José de los Arroyos, and Coronel Oviedo. The work also includes a roundabout with a two-level interchange in Coronel Oviedo, two viaducts in Caaguazú and one interchange in Caaguazú.

For more information on companies in this article

Related Content

  • 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
  • Paraguay project agreement reached
    May 8, 2019
    An agreement has been reached for the projects to widen Route 2 and Route 7 in Paraguay by the various bodies involved. The Consorcio Rutas del Este joint venture partners have agreed terms with the Inter-American Development Bank (IADB), UBS and the Ministries of Public Works and Communications and Finance. UBS is providing financing worth US$250 million while the IADB is providing $200 million. Consorcio Rutas del Este, which comprises Sacyr, Mota Engil and Ocho A, is providing $83 million meanwhile. Cons
  • Paraguay key bridge project is restarting
    January 29, 2024
    A key Paraguay bridge project is restarting.
  • Paraguay road contract financing model changed
    October 15, 2019
    A different financing model will now pay for work to upgrade Paraguay’s Route 2 road link.