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.
Finance & Funding

Related Content

  • Step up Action! IRF in New York for the launch of the UN Road Safety Fund
    June 15, 2018
    The Road Safety community gathered in New York on 12th-13th April for the launch of a new United Nations Road Safety Trust Fund. The new UN Fund is intended to catalyse road safety action across the globe, using donations to help unlock new government and municipal funding and refocus national road safety budgets towards proven ‘Safe System’ interventions. The FIA Foundation has pledged a donation of US$10 million to kick-start the fund launched by UN deputy secretary-general Amina Mohammed. The FIA Found
    Read More
  • Key Argentina highway works planned
    March 2, 2017
    Argentina is planning two new highway projects to widen and improve key sections of Route 40 and Route 33. A US$291 million project will upgrade a stretch of the existing Route 40 to highway status. The two year project will see the widening of the road between Mendoza and San Juan and the construction work will start in the third quarter of 2017. Argentina’s Transport Ministry has said that the project will be funded by the Federal Government. A second stretch of Route 40 will also be widened and upgraded
    Read More
  • Colombia’s key road transport projects
    May 10, 2019
    A series of major road transport projects are moving ahead in Colombia, with the country’s national infrastructure agency (ANI), handling most of the deals. In the country’s capital, Bogota, design work is now complete on the Calle 13 and Accesos Norte II road projects. The Calle 13 project will see an 11.5km section of route widened so that it features three lanes in either direction. The work will also include building new facilities for pedestrians and cyclists. This project is expected to cost US$1.15 b
    Read More
  • Road and bridge upgrades improving transport in Nepal
    November 1, 2019
    New road and bridge upgrades are being introduced in Nepal that will help improve transport and develop the country’s economy.
    Read More

Highlighted Content