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

  • Russian bypass projects under construction
    October 5, 2018
    The Russian government is starting a major programme of building bypasses around large cities during the current financial year – Eugene Gerden writes The Russian government is starting a massive programme of building bypasses around the country’s biggest cities during this financial year. The aim is to address the problems of traffic jams and speeding traffic on federal routes, according to recent statements by the Russian Presidential Administration and some senior officials from the Ministry of Trans
    Read More
  • Philippines project finding funding
    December 20, 2017
    Road in the area around Mindanao in the Philippines will benefit from the provision of a loan worth US$380 million. This funding package is being supplied by the Asian Development Bank (ADB). The loan will be used for the Improving Growth Corridors in Mindanao Road Sector project. This is intended to improve and upgrade up to 280km of roads in the area. A further $123 million is being provided by the Philippines Government for the work, which will cost $503 million in all.
    Read More
  • China transport investment
    November 27, 2012
    In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
    Read More
  • UK is pothole failure among OECD nations
    August 30, 2023
    The Local Government Association says information shows that nearly US$5.1 billion was spent in 2006 on UK local road maintenance compared with $2.54 billion in 2019.
    Read More

Highlighted Content