Skip to main content

Argentina road funding loans provided

In Argentina a new loan facility for road projects is now being provided by the Banco de Inversion y Comercio Exterior (BICE). The loan facility will be worth US$100 million and will be offered for projects being handled under the PPP model and with distances of 2,500km or more. This is expected to speed up plans for various PPP projects, with some $6 billion for road concessions planned for the next four years. A number other funding sources are being developed but are yet to be finalised.
June 7, 2019 Read time: 1 min

In Argentina a new loan facility for road projects is now being provided by the Banco de Inversion y Comercio Exterior (BICE). The loan facility will be worth US$100 million and will be offered for projects being handled under the PPP model and with distances of 2,500km or more. This is expected to speed up plans for various PPP projects, with some $6 billion for road concessions planned for the next four years. A number other funding sources are being developed but are yet to be finalised.

Related Content

  • Thailand motorway link now being planned
    August 30, 2019
    A new 18km motorway link is being planned in Thailand that will cost an estimated US$1.2 billion. The highway will be an extension of the existing Don Muang Tollway. This will provide an improved connection between the existing M5 and M6 motorways as well as Nakhon Ratchasima, lying to the north east of capital Bangkok. The tender process for this 18km tollway extension project is expected in 2021, with two contracts being offered. The project is likely to be handled under the PPP model, with actual constru
  • Texan tolling
    February 7, 2012
    Work is now underway on the new DFW Connector near Dallas, in the US state of Texas. This is of note as it is the largest investment of Recovery Act (ARRA) investment in a highway project so far.
  • Japanese funding for Vietnam link
    April 19, 2012
    The Japanese SE Group is working on a new road project in Vietnam. The 25km highway is costing some US$476 million to construct, with some 60% of the funding coming from the JBIC Bank and SE Group providing around 20%. The rest of the funding will be provided by official development assistant capital. This new road will provide a link from the city of Halong in Vietnam's Quang Ninh province to the Hanoi-Haiphong highway project.
  • Loans for Georgian roads
    July 20, 2012
    Loans from the European Investment Bank (EIB) and the EU will finance highway work in Georgia. The funds will be used to pay for the construction of the high-speed motor road running from West – East across Georgia. The EIB will give a long-term preferential credit worth €170 million, while the EU will provide a €20 million grant. As part of the project, a four lane highway measuring 52km will be built from Samtrediya – Grigoleti, while the 16km section Grigoleti - Kobuleti stretch will be repaired.