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

  • Five consortia vie for Paraguay’s first phase of bi-oceanic corridor
    March 14, 2016
    Five consortia are vying for the contract to pave 255km of Paraguay’s bi-oceanic corridor project - the Loma Plata-Carmelo Peralta road paving works. The five consortia are INECS, EPI, ACI Proyectos Cialpa, Geocon-MCSA and Loma Plata. The 255km contract is the first phase, costing US$300 million, of a 1,045km overall corrider that will need around $926 million. Tenders for the first phase were launched in November covering the section between Carmelo Peralta, Cruce Centinela and Loma Plata in the w
  • Uganda to request US$300mn loan in 2014 to develop roads
    May 16, 2013
    The Ugandan government will next year request a US$300 million loan from different funds in Uganda in its effort to develop road infrastructure in the country, according to Yoweri Museveni, Uganda’s president. Banks in the country have been urged to offer loans. The government is reported to require US$ 15 billion in total to develop 19 roads.
  • UK road repairs – financing found
    July 19, 2019
    The UK’s Department for Transport is providing £348 million of funding to help improve local roads over the next four years. This funding will be available for local authorities to bid for, allowing them to work on major maintenance projects, as well as on projects that will ease congestion on the UK’s busiest roads. This announcement follows a £6.6 billion investment in local road maintenance in the last five years The funding will be available in two stages for local authorities to bid for in an effort t
  • Japanese loan for Botswana to Zambia bridge
    October 18, 2012
    A new bridge link will be constructed between Botswana and Zambia in Southern Africa. Some of the funding for the bridge is being provided in the form of a US$113 million loan from the Japanese Government. The Kazungula bridge project is expected to cost $260 million in all. Close to $78.5 million is coming from the African Development Bank and Zambia is providing $1.6 million while the Japanese International Cooperation Agency (JICA) will offer $42 millionn. The work will commence in 2014 and the bridge sh