Skip to main content

Argentina seeking road funding opportunities

Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using th
October 10, 2018 Read time: 1 min
Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using the PPP model across Argentina, with an estimated pricetag of some US$12.5 billion. The first phase of PPP highway projects are already commencing, with six new road corridor routes being built that will extend some 2,500km and cost $8 billion to construct.

Related Content

  • Argentina’s new road corridors being developed
    August 2, 2018
    Six new road corridor projects are being given the go-ahead in Argentina. These will be carried out under the PPP model, with the work expected to cost some US$12.5 billion during the first four years. One of the first road building projects to commence under the programme will be for the highway connecting Rosario with Rufino, National Route 33. The six road corridor projects are for the A, B, C, E, F and Sur routes.
  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
  • New Argentina highway construction work
    January 11, 2019
    Construction is underway for Argentina’s new Mendoza-San Juan Highway – Mauro Nogarin reports The rehabilitation and maintenance works of more than 3,300km of routes is now underway in Argentina. This followed on after the takeover of six new road corridors under the Public-Private Partnership (PPP) model, which took place in August 2018. The rehabilitation and maintenance works are being carried out prior to the start of the main projects, which will include the construction of highways. Building the
  • Indonesia’s road revamp is seeing new road transport connections
    July 16, 2018
    Indonesia’s road development programme is continuing, with a series of major projects being carried out across the country that will boost transport connections. State funding will help progress on the Trans-Sumatra toll road, paying for six sections of the road link. In all the 1,480km toll road project is expected to cost nearly US$11.85 billion, with state funding paying for a significant portion of the work So far the state-owned construction firm, Hutama Karya, which is building much of the route has