Argentina road projects financing established

Argentina is receiving a loans from the Inter-American Development Bank (IADB) worth US$300 million for road improvements. The loan will be used to widen and improve roads across the country and is for 25 years with a grace period of 4.5 years. The Argentina Government will provide a further $200 million for road development projects. Planned projects include a new 120km dual carriageway as well as work to a 35.4km section of National Route 19 in Cordoba Province. Meanwhile around half of Salta Province
December 7, 2016 Read time: 1 min
Argentina is receiving a loans from the Inter-American Development Bank (IADB) worth US$300 million for road improvements. The loan will be used to widen and improve roads across the country and is for 25 years with a grace period of 4.5 years. The Argentina Government will provide a further $200 million for road development projects. Planned projects include a new 120km dual carriageway as well as work to a 35.4km section of National Route 19 in Cordoba Province.

Meanwhile around half of Salta Province's 2017 road works budget has been allocated. This will be used to carry out works along Provincial Route 54. Out of the $65.64 million the district will spend on its roads in 2017, around half will be spent on a section of the route linking Campo Duran and Mision La Paz.
Road Structures Finance & Funding

Related Content

  • Argentina road project securing financing
    March 13, 2019
    Financing from the US now looks to have been secured for a major road project in Argentina. The US Overseas Private Investment Corporation (OPIC) intends to provide US$400 million for Argentina’s National Route 7 project. OPIC agreed a package worth $800 million for infrastructure projects in Argentina at the end of 2018. The 700km National Route 7 project will involve building new sections of highway as well as upgrading existing stretches of road.
    Read More
  • El Sillar – Bolivia’s challenging road project
    February 6, 2020
    Construction of Bolivia’s El Sillar highway, the country’s most complicated road project – Mauro Nogarin reports
    Read More
  • Serbia upgrading infrastructure
    May 2, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget. Wh
    Read More
  • Serbia upgrading infrastructure
    March 16, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci.
    Read More

Highlighted Content