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.

Finance & Funding

Related Content

  • Oklahoma highway funding solution being sought
    November 21, 2017
    Funding for the final 8km section of a highway project in the US state of Oklahoma has yet to be finalised. Around US$135 million has been secured but a further $165 million will have to be secured by the Oklahoma Turnpike Authority for this section of the route. The Gilcrease Expressway will be tolled and the rates are now being set, with higher charges for commercial vehicles. The project will be complex due to the uneven terrain and tricky geology. In all 22 bridges will have to be constructed. This $30
    Read More
  • Talks held between China and Argentina for infrastructure funding
    December 12, 2013
    Talks have been held in Beijing between Chinese companies and Argentina's Finance and Federal Planning Ministry. Argentina Is keen for Chinese firms to be involved in 15 infrastructure projects worth a total of US$19 billion planned for the South American country. One of the key projects that has been under discussion is that of the Agua Negra Tunnel, which will connect Argentina and Chile through the Andes Mountains. China State Construction Engineering Corporation (CSCEC) is one of several companies inter
    Read More
  • India: Telanga state gets federal investment for 2,500km of roads
    October 24, 2016
    India’s federal government has sanctioned the construction or upgrading of 2,500km of national level roads in Telangana state. Work should include another ring road around the capital Hyderabad, according to a report in the Times of India newspaper. The head of the state government, chief minister K. Chandrashekar Rao, said state planning officials will need to come up with a detailed forward plan for transportation in the new state. Rao has held office since Telangana was carved out of Andhra Prades
    Read More
  • Funding found for Tunisia road deal
    December 1, 2017
    Funding for a new highway project in Tunisia is being provided by the African Development Bank. The funding comes in the shape of a loan worth US$145.8 million. The new highway will be sited in the north of the country and its construction is expected to help develop transport and trade and to boost the country’s economy.
    Read More

Highlighted Content