Skip to main content

Argentina road project securing financing

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.
March 13, 2019 Read time: 1 min

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.

Related Content

  • New Argentina bridge and highway project planned
    August 15, 2022
    A new bridge and highway project for Argentina is being planned.
  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to
  • Kenya highway projects starting
    March 11, 2019
    Construction work is starting on two important road projects in Kenya. These are for the Dongo Kundu Southern Bypass and for the Mau Highway. The Mau highway project is worth US$2 billion and forms part of the route that links Kenya’s key port at Mombasa through its capital Nairobi to the border with neighbouring Uganda. The 180km Nairobi-Nakuru-Mau section of the A104 route will feature two lanes in either direction. The deal is being handled under a package that includes design, financing, maintenance a
  • Kenyan key contract being built by Bechtel
    August 9, 2017
    Bechtel has won a major project to build and important highway link in Kenya. This will be the first long stretch of high-speed expressway in Kenya and will connect the capital, Nairobi, with the country’s main port, Mombasa. The project for the 473km connection is being supported with financing from US and UK sources. Once the new route is open to traffic, journeys between Nairobi will take just four hours by road, instead of 10 at present.