Funding required for road projects in Paraguay

Funding worth US$500 million has still to be secured for road works in Paraguay. A consortium, Rutas del Este consortium, requires the financing to carry out the widening and upgrade work to Ruta 2 and Ruta 7. The work will be carried out under the PPP model, the first time this has been utilised in Paraguay. Rutas del Este comprises the contractors Sacyr and Ocho A. The consortium will operate the highway under a 30 year concession.
June 13, 2019 Read time: 1 min
Funding worth US$500 million has still to be secured for road works in Paraguay. A consortium, Rutas del Este consortium, requires the financing to carry out the widening and upgrade work to Ruta 2 and Ruta 7. The work will be carried out under the PPP model, the first time this has been utilised in Paraguay. Rutas del Este comprises the contractors Sacyr and Ocho A. The consortium will operate the highway under a 30 year concession.
Finance & Funding

Related Content

  • Paraguay road widening – financing settled
    October 14, 2019
    Financing is being secured for road widening work in Paraguay.
    Read More
  • Paraguay plans PPP projects
    November 8, 2017
    A series of PPP projects are being planned in Paraguay to develop the highway network. Upgrade work will be carried out on Ruta 2 and Ruta 7. In all the work is costing US$527 million and is being overseen by Paraguay’s Ministry of Public Works and Communications (MOPC). A consortium, Consorcio Rutas del Este, will carry out the contract which includes resurfacing Ruta 2 and Ruta 7, as well as improving key intersections and carrying out widening work. The 142km link between Yparacai and Caaguaza will also
    Read More
  • Work moving ahead on Paraguay’s new roads
    November 21, 2018
    A series of major road contracts have been awarded in Paraguay, although delays are being seen on one key link. The country’s Ministry of Public Works and Communications (MOPC) gave its approval for a series of road contracts to be awarded. These four packages are worth over US$136 million and are for18 different sections.
    Read More
  • Sacyr enters Paraguay road sector
    October 25, 2016
    Sacyr subsidiary Sacyr Concesiones is leading a consortium to will build and operate the Road 2 and Road 7 routes in Paraguay. The Road 2 route will connect Asunción and Coronel Oviedo. Meanwhile the Road 7 route will run from Coronel Oviedo to Caaguazú. Construction is expected to cost US$520 million with the concession package being for a period of 30 years. The Route 2 and Route 7 combined deal is of note as this will be Paraguay’s first PPP for a highway project. The consortium is headed by Sacyr Conces
    Read More

Highlighted Content