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

  • Construction completion for Colombia concession contracts
    December 14, 2017
    Colombia’s massive road and highway development programme is still moving ahead, with a series of major concession projects due for completion by 2020. A consortium titled Via al Mar is on track to finish construction of the Cartagena-Barranquilla highway in August 2019, for which the company has a 25-year concession agreement. The tender process for the final stretches of the Ruta del Sol II highway will commence shortly.
    Read More
  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
    Read More
  • Paraguay project progressing to plan
    October 26, 2020
    Paraguay’s Bi-Oceanic Road project is progressing to plan.
    Read More
  • Uruguay’s premier PPP project awarded
    November 11, 2015
    Work will commence shortly on Uruguay’s first PPP highway project. The construction and concession is being handled by a consortium comprising key contractors. The Uruguayan Ministry of Transport and Public Works awarded the project to a consortium made up of Sacyr Concesiones (43%), Sacyr Construcción (8%) and Grinor (49%). The project involves the building, restoration and management of a 179km corridor connecting the cities of Nueva Palmira and Mercedes.
    Read More

Highlighted Content