Argentina road funding for major projects

Argentina is looking to source a series of loans to pay for six important road projects. The Inter-American Development Bank (IADB) is in discussions with officials in the country over the loans package, worth a total of US$200 million. The funding would be used for six PPP road projects. Other financing worth $900 million is also being secured for the six road projects, with some of the construction work already underway.
May 31, 2019 Read time: 1 min

Argentina is looking to source a series of loans to pay for six important road projects. The Inter-American Development Bank (IADB) is in discussions with officials in the country over the loans package, worth a total of US$200 million. The funding would be used for six PPP road projects. Other financing worth $900 million is also being secured for the six road projects, with some of the construction work already underway.

Finance & Funding

Related Content

  • Two Argentina road contracts awarded
    July 25, 2018
    The contracts for two major road projects have been awarded in Argentina. Both of the road contracts will be handled under the PPP model, having been awarded by the Argentine Government. Jose Cartellone Construcciones Civiles will handle the contract for a 780km stretch of the C road corridor, connecting capital Buenos Aires with Mendoza, close to the Chilean border. Meanwhile a consortium comprising Paolini, Vial Agro and INC will handle the contract for 706km of road for the A road corridor, which is loc
    Read More
  • Serbia road project, funding secured
    February 19, 2019
    Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been
    Read More
  • Costa Rica highway project on track
    December 10, 2014
    Construction of the Interamericana Norte highway in Costa Rica is said to be proceeding on track. Work is being carried out on the 50km Canas-Liberia section of the project. The Ministry of Public Works and Transport (MOPT) says that studies for the Canas-Limonal stretch of the new highway have been completed. The studies will then have to be submitted before the country's road authority Conavi to commence the tender process. A contract is expected to be granted by the middle of 2015. Funding could be provi
    Read More
  • Spain looks to PPP to fund infrastructure projects
    May 10, 2012
    The regional authorities in the Spanish Andalucia region are looking to the PPP model to develop infrastructure projects. A total finance deal worth some €768 million should be raised using the PPP structure so as to pay for five projects, which includes three road contracts. However the region originally had plans for €2.6 billion worth of infrastructure projects. The PPP model is being seen as the best way to progress with much needed infrastructure work in Spain given the severe financial problems the co
    Read More

Highlighted Content