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

  • Spain looks to PPP to fund infrastructure projects
    May 10, 2012
    The regional authorities in the Spanish Andalucia region are looking to the PPP model to develop infrastructure projects. A total finance deal worth some €768 million should be raised using the PPP structure so as to pay for five projects, which includes three road contracts. However the region originally had plans for €2.6 billion worth of infrastructure projects. The PPP model is being seen as the best way to progress with much needed infrastructure work in Spain given the severe financial problems the co
  • Tackling the UK's traffic congestion
    February 28, 2012
    The biggest problem on UK roads is congestion, and there is no shortage of ideas as to how it should be tackled. Patrick Smith reports. Congestion (and how to relieve it), along with safety, are among the top priorities facing those responsible for looking after the UK's roads. Road pricing, car-share lanes, greener vehicle initiatives and alternative methods of transport such as buses, trams and rail are all part of the approach, but prior to the current economic climate the nation's love affair with the c
  • 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
  • Tendering for new Chile-Argentina tunnel project
    March 21, 2019
    The tender process is open for the study into the planned Paso Las Lenas tunnel to connect Chile and Argentina. The study is expected to cost US$1.55 million and will be paid for by Chile’s O’Higgins Region. The tunnel will be some 11.5km long and the portal in Chile will be at an altitude of 2,020m while the entrance on the Argentine side will be at 2,364m, allowing it to be used throughout the year. The tunnel has an expected pricetag of some $1.67 billion to build, with the countries sharing the construc