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

  • Progress is being made with Serbia’s Corridor 11 highway project
    October 8, 2012
    Work is underway in Serbia for the Corridor 11 highway project and a number of local firms are now carrying out construction work on the Corridor 11 section from Ub to Lajkovac. Meanwhile Azvirt from Azerbaijan is preparing the Ljig to Preljina stretch of the highway, with the €300 million work being financed by Azerbaijan. The Serbian Government is asking China’s Exim Bank for a long term loan of €850 million, of which €300 million would be for the Corridor 11 project and €550 million would be for the Mora
  • Smart road test facility in Virginia
    July 28, 2015
    A test stretch of road in the US is playing a valuable role in developing technology and boosting traffic safety -*Tom Gibson writes Located a short distance from the Virginia Tech campus in the mountains of rural southwest Virginia in the mid-Atlantic region of United States, the Virginia Smart Road looks like a conventional road. But venturing to either end of the 3.5km-long thoroughfare reveals that it actually goes nowhere, at least for now. The result of a plan conceived back in the 1980s, the Vi
  • Project building new Biobio bridge in Chile on track
    August 28, 2014
    Construction work on the fourth bridge spanning Chile’s Biobio Bridge is proceeding on schedule. The project site is located in Chile’s Gran Concepcion area. Construction could commence in 2016, with completion expected in 2018. Environmental studies have yet to be completed however. The work will be carried out as part of a concession package and the bridge is expected to cost some US$214 million to construct, carrying two lanes for vehicle traffic as well as claiming pedestrian and cycling connectivity. T
  • India’s road to safety
    September 5, 2012
    India's growth rate is the envy of the world, and its infrastructure is rapidly improving, but its road safety record is the world's worst. Patrick Smith reports on a conference aimed at finding answers to the problems Ambling through the gardens and marble magnificence that is the Taj Mahal or gazing down on the city of Jaipur from the hilltop Jaigarh Fort is far removed from the world outside.