Skip to main content

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.

Related Content

  • New bridge and road projects underway for Chile
    December 18, 2013
    Strong bids have been received for Chile’s Puente Industrial road bridge project, which will be built in Region VIII. Bidders included Spanish firm OHL as well as Besalco Concesiones-Concesiones Viarias Chile Tres and Sacyr Concesiones Chile. Work on the 2.5km bridge is expected to commence in 2014 and the project will cost some US$170 million to construct, with completion expected in 2017. The deal for the four lane bridge includes building access roads and involves a 30 year concession package. The Puente
  • Further development for Morocco infrastructure
    August 26, 2016
    Further infrastructure development is planned for Morocco. The authorities in the town of Salé are planning an urban development programme, with new and wider roads seen as a key portion of the work. Salé lies immediately to the north of Morocco’s capital Rabat and is home to many commuters working in the capital. Improving the transport links in the area will help develop the local economy and the Ministry of the Interior and the Ministry of Finances have set a budget of over US$516 million for the work. T
  • Russia ploughs ahead with road expansion
    October 14, 2022
    Despite Western economic sanctions, Russia plans a record road building programme up to 2027, as Eugene Gerden reports
  • Honduras tourist tool road project
    April 27, 2015
    In Honduras plans are being drawn up for the tourism corridor tollroad project. This route will connect the cities of San Pedro Sula, La Barca, El Progreso, Tela, and La Ceiba port on the Atlantic Coast, reports Business News Americas. The project has made another move forward as it has received support from the Multilateral Investment Guarantee Agency (Miga). The 200km road project has been awarded to the consortium Autopistas del Atlántico. The aim of the project is to increase economic activity and tran