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

  • Kenya-Tanzania connection partial funding found
    October 13, 2017
    A large chunk of the funding required for the improved road connection between Kenya and Tanzania has now been sourced. The African Development Bank (AfDB) will provide US$300 million of the financing required for the project. However the remaining $485 million of funding necessary still remains to be secured.
    Read More
  • Argentina road project securing financing
    March 13, 2019
    Financing from the US now looks to have been secured for a major road project in Argentina. The US Overseas Private Investment Corporation (OPIC) intends to provide US$400 million for Argentina’s National Route 7 project. OPIC agreed a package worth $800 million for infrastructure projects in Argentina at the end of 2018. The 700km National Route 7 project will involve building new sections of highway as well as upgrading existing stretches of road.
    Read More
  • Paraguay highway upgrade work planned
    August 6, 2019
    Upgrade work for Paraguay’s Route 2 is being planned. This will improve transport for the country’s capital Asunción. The road runs eastwards from the city to connect with Route 7, which connects with the Brazilian border and also lies close to the border of Argentina’s north eastern tip. Costing an estimated US$500 million, the work will be carried out by a consortium, Rutas del Este. The project is being handled under the PPP model while the consortium comprises the firms Sacyr and Ocho A. The contract w
    Read More
  • Skopje gets EBRD funding for motorway
    July 12, 2022
    The four-lane highway will run parallel to an existing national road built 50 years ago that heads north from the capital Skopje.
    Read More

Highlighted Content