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

  • Argentina road projects financing established
    December 7, 2016
    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
    Read More
  • Argentina road works; funding secured
    August 2, 2019
    Funding has been secured for a series of road works in Argentina. The Inter-American Development Bank (IADB) is providing US$300 million in the shape of a loan for work on a number of key routes. The road projects being targeted include Routes 6 and Route 8 in Rio Negro; Route 23 in Villa Elisa; the Gualeguaychu ring-road; Route 1 in Catamarca. Meanwhile the finance package forms part of a much wider plan from the IADB to develop infrastructure in Argentina.
    Read More
  • Successful talks for Chile-Argentina tunnel
    August 28, 2014
    Successful talks have been held between Chile and Argentina with regard to the Agua Negra Tunnel that will link the two countries. The project looks set to cost US$1.37 billion to construct, according to Business News Americas. The majority of the planned route, 72%, lies in Argentina and the country will provide the bulk of the funding required; some $986 million. Chile will provide the remaining $384 million. The agreement was struck between the Publics Works Ministries of the two countries. Further detai
    Read More
  • US$700 million for new Argentina bridge
    November 27, 2023
    A US$700 million loan is helping pay for new bridge in Argentina.
    Read More

Highlighted Content