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

  • Colombia highway construction projects secure funding
    August 22, 2018
    A finance source has been secured for major highway projects in Colombia. The Rumichaca-Pasto and Montes de Maria highways are being constructed by Spanish contractor Sacyr. A package of loans worth a total of US$110 million will pay for the highway work. This financing is being supplied jointly by CIFI, Banco BTG Pactual Cayman Branch and Banco Pichincha Panama.
    Read More
  • Colombia highway construction projects secure funding
    August 22, 2018
    A finance source has been secured for major highway projects in Colombia. The Rumichaca-Pasto and Montes de Maria highways are being constructed by Spanish contractor Sacyr. A package of loans worth a total of US$110 million will pay for the highway work. This financing is being supplied jointly by CIFI, Banco BTG Pactual Cayman Branch and Banco Pichincha Panama.
    Read More
  • Portugal capital’s €500 million airport link
    August 1, 2024
    Portugal’s capital will benefit from a €500 million airport road link.
    Read More
  • Loan approved for Argentina road project
    December 19, 2017
    Work on highway upgrading will commence in Argentina’s Jujuy Province in 2018. In all 93km of the National Routes 34, 66 and IV66 will be improved and upgraded in the project. The World Bank is providing a loan worth US$300 million to pay for the work, which is expected to cost $311 million in all.
    Read More

Highlighted Content