Argentina road and transport projects receiving funding

Argentina looks set to benefit from a series of major new transport projects. Loans worth up to US$650 million will help pay for a series of projects, including Argentina’s contribution to the Agua Negra Tunnel link with neighbouring Chile. The loans will be organised by the Inter-American Development Bank (IADB). A further loan of $156 million to road concession company AUSA will help pay for transport projects in Buenos Aires, including the construction of the Lacarra Bridge to connect with Lanus and upgr
April 3, 2017 Read time: 1 min
Argentina looks set to benefit from a series of major new transport projects. Loans worth up to US$650 million will help pay for a series of projects, including Argentina’s contribution to the Agua Negra Tunnel link with neighbouring Chile. The loans will be organised by the Inter-American Development Bank (IADB). A further loan of $156 million to road concession company AUSA will help pay for transport projects in Buenos Aires, including the construction of the Lacarra Bridge to connect with Lanus and upgrades to the Illia highway.
Finance & Funding

Related Content

  • Congo sources loan for road works
    September 1, 2021
    Congo has sourced a loan for key road works.
    Read More
  • Armenia road project receives funding
    September 7, 2018
    A new road project in Armenia is receiving a funding package worth US$150 million.
    Read More
  • Argentina developing road infrastructure and road maintenance
    June 13, 2016
    Argentina has set out plans for a major refurbishment of much of its dilapidated road network. The work will take four years to complete and involves building 2,800km of highways as well as 4,000km of trunk roads. This is a substantial programme of works, which should also deliver around 35,000 much-needed jobs. The Ministry for Transport has drawn up the schedule work the programme, which is expected to cost in the region of US$14.43 billion. The country’s total road system stretches for some 182,000km
    Read More
  • Costa Rica road construction plan
    June 3, 2019
    Costa Rica’s Ministry of Public Works and Transports (MOPT) is planning 110 road improvement projects, with a total cost of US$144 million. Construction will start on the first 14 of these in July 2019, with the work being carried out by the contractor MECO. Funding for the work is being provided by the Inter-American Development Bank (IADB) in the shape of a loan. The tender processes for a further 10 projects are commencing, with tenders for an additional 18 projects due to commence in July 2019.
    Read More

Highlighted Content