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

  • Chile-Argentina tunnel loan for bidding
    December 14, 2016
    Further progress is being made with the Agua Negra Tunnel project, which will connect Chile with Argentina. A loan worth US$40 million is being provided by the Inter-American Development Bank (IADB). This loan will help deliver the bidding process for the project. Several bidders are being pre-qualified for the tender process. Construction of the tunnel itself is expected to take eight ant a half years with the work estimated to cost $1.6 billion. The tunnel will provide a safer and more reliable route than
    Read More
  • Successful talks for Chile-Argentina tunnel
    August 28, 2014
    Successful talks have been held between Chile and Argentina with regard to the Agua Negra Tunnel that will link the two countries. The project looks set to cost US$1.37 billion to construct, according to Business News Americas. The majority of the planned route, 72%, lies in Argentina and the country will provide the bulk of the funding required; some $986 million. Chile will provide the remaining $384 million. The agreement was struck between the Publics Works Ministries of the two countries. Further detai
    Read More
  • Loan provided for Uzbekistan road project
    August 11, 2021
    A major loan has been provided for an important Uzbekistan road project
    Read More
  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
    Read More

Highlighted Content