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

  • Planned project progressing in Peru
    February 1, 2016
    Plans are progressing on a major tunnel project in Peru. The concession for the La Molina tunnel project in Lima has been awarded to Spanish firm OHL. The project will cost US$521 million. The 12.2km project includes building the 1.5km tunnel as well as sections of road and a number of viaducts. The new route will connect the districts of La Molina and Miraflores and will run through Surco, Surquillo and San Borja. OHL Concesiones Peru will carry out the technical studies for the project in 2017. Constructi
    Read More
  • South Africa roads upgrade planned
    March 1, 2019
    Major road improvements will be carried out in several South African provinces. The Transport ministry has set a budget of US$880 million to improve key road links. Some of the projects being handled by the state-owned road company, SANRAL, are commencing shortly and should be completed in the next 12-24 months. One link being improved is the RS573 Moloto Road, which has an unenviable reputation for its frequent crashes. A budget of $217 million has been set for the work, which will include widening secti
    Read More
  • Bolivia’s new highway
    October 10, 2017
    Bolivia’s new highway will provide better access into mountain areas – Mauro Nogarin writes At the beginning of 2015, work began on the construction and paving for the Tupiza - Atocha - Uyuni highway project. The route is located in Bolivia’s Potosí department: it is 189m in length and forms part of the Southwest Basic Road Network (RVF) of Bolivia. The completion of this important route is requiring funding worth US$150 million, of which 72% is being delivered through loans from the European Investment
    Read More
  • Inter-oceanic Corridor for Brazil-Bolivia-Chile
    March 2, 2015
    A new Bolivian link is playing a key role in a major Latin American highway – Mauro Nogarin reports. Construction of a new route through Bolivia will help deliver improved transport between Latin America’s Pacific and Atlantic coasts. The construction of the highway between Santa Barbara-Caranavi-Quiquibey has been carried out by the consortium ARBOL. This firm is a partnership between the Argentinean company Grupo Eling and Administradora de Caminos Boliviana (ABC). The stretch of highway is an important s
    Read More

Highlighted Content