Financing found for Paraguay planned project

Funding has been secured to pay for rebuilding work on the Transchaco road in Paraguay. A series of loans worth a total of US$560 million is paying for the rebuilding work. The Development Bank of Latin America (CAF) is providing the bulk of the funding in the shape of a loan worth $400 million. Meanwhile the Inter-American Development Bank (IADB) is providing a loan of $160 million for the work.
April 30, 2018 Read time: 1 min

Funding has been secured to pay for rebuilding work on the Transchaco road in Paraguay. A series of loans worth a total of US$560 million is paying for the rebuilding work. The 5516 Development Bank of Latin America (CAF) is providing the bulk of the funding in the shape of a loan worth $400 million. Meanwhile the 2791 Inter-American Development Bank (IADB) is providing a loan of $160 million for the work.

Finance & Funding

For more information on companies in this article

Related Content

  • Paraguay road widening – financing settled
    October 14, 2019
    Financing is being secured for road widening work in Paraguay.
    Read More
  • Paraguay bridge design work
    May 28, 2020
    The Paraguay River bridge design work should be ready shortly.
    Read More
  • Plan proposed for Paraguayan programme of bridge replacement
    February 3, 2014
    Work is starting in Paraguay on a programme to construct 100 reinforced concrete bridges. These will replace old wooden structures that have been deemed obsolete and the work is due for completion by the end of 2015. The programme of works is costing US$75 million, with the Paraguayan Government paying $25 million for the work and the remaining $50 million being provided by the Latin American Development Bank (CAF). The project forms part of a much wider $7.66 billion infrastructure investment programme by
    Read More
  • Chile-Argentina tunnel project to take nine years
    May 3, 2017
    Construction work for the Agua Negra tunnel connecting Argentina with Chile is expected to take nine years to complete. The actual construction work will commence in 2019, although considerable activity will be required beforehand. Building the tunnel is expected to cost in the orders of US$1.5 billion. Much of the financing for the project is being provided by the Inter-American Development Bank (IADB). So far the IADB has given $20 million to Argentina and a further $20 million to Chile to pay for the nec
    Read More

Highlighted Content