Skip to main content

Loan approved for Argentina road project

Work on highway upgrading will commence in Argentina’s Jujuy Province in 2018. In all 93km of the National Routes 34, 66 and IV66 will be improved and upgraded in the project. The World Bank is providing a loan worth US$300 million to pay for the work, which is expected to cost $311 million in all.
December 19, 2017 Read time: 1 min

Work on highway upgrading will commence in Argentina’s Jujuy Province in 2018. In all 93km of the National Routes 34, 66 and IV66 will be improved and upgraded in the project. The 2332 World Bank is providing a loan worth US$300 million to pay for the work, which is expected to cost $311 million in all.

For more information on companies in this article

Related Content

  • 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 these
  • Argentina road project securing financing
    March 13, 2019
    Financing from the US now looks to have been secured for a major road project in Argentina. The US Overseas Private Investment Corporation (OPIC) intends to provide US$400 million for Argentina’s National Route 7 project. OPIC agreed a package worth $800 million for infrastructure projects in Argentina at the end of 2018. The 700km National Route 7 project will involve building new sections of highway as well as upgrading existing stretches of road.
  • Cambodia road reconstruction projects, financing secured
    March 28, 2018
    Financing has been secured for key road reconstruction projects in Cambodia. Work is being carried out on six road projects in the country that measure a total of 600km, as well as a bridge, with this all costing some US$490 million. A loan of $94 million will help pay for the rebuilding of Cambodia’s National Road No 11 as well as a stretch of bypass. In all 96.5km of road will be rebuilt for this project, with the work intended to improve transport connections between Thbong Khmum Province and Prey Veng P
  • Road works underway in Argentina
    May 25, 2021
    Road works are now underway in Argentina.