New Paraguay road tender plan

Tendering is opening in Paraguay for the country’s Transchaco road project. The construction start date has not yet been revealed but the work is expected to take two years to complete once building gets underway. Building the new Carlos Antonio Lopez route is expected to cost US$670 million, with the 559km road connecting Cerrito and Mariscal Estigarribia. Funding worth $400 million is being supplied by the Development Bank of Latin America (CAF) while $160 million is being supplied by the Inter-American D
April 2, 2019 Read time: 1 min

Tendering is opening in Paraguay for the country’s Transchaco road project. The construction start date has not yet been revealed but the work is expected to take two years to complete once building gets underway. Building the new Carlos Antonio Lopez route is expected to cost US$670 million, with the 559km road connecting Cerrito and Mariscal Estigarribia. Funding worth $400 million is being supplied by the 5516 Development Bank of Latin America (CAF) while $160 million is being supplied by the 2791 Inter-American Development Bank (IADB).

Finance & Funding

For more information on companies in this article

Related Content

  • Highway developments to boost east-west transport
    April 4, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports History was made in late 2010, when one of the biggest road building projects ever envisaged in Eastern Europe was given the green-light. It was the occasion when Russian president Dmitry Medvedev signed a law that would allow his country to build its segment of a huge highway around the Black Sea. The idea is to complete the 7,140km highway, wi
    Read More
  • Tendering for new Chile-Argentina tunnel project
    March 21, 2019
    The tender process is open for the study into the planned Paso Las Lenas tunnel to connect Chile and Argentina. The study is expected to cost US$1.55 million and will be paid for by Chile’s O’Higgins Region. The tunnel will be some 11.5km long and the portal in Chile will be at an altitude of 2,020m while the entrance on the Argentine side will be at 2,364m, allowing it to be used throughout the year. The tunnel has an expected pricetag of some $1.67 billion to build, with the countries sharing the construc
    Read More
  • Managua motorway construction to start
    April 2, 2019
    The tendering process for the Juan Pablo II motorway project in Nicaragua’s capital Managua is opening shortly. Construction work is then expected commence in late 2019, once the deal has been awarded to suitable contractor. The motorway will stretch nearly 10km and the work is expected to cost US$270 million. Nicaragua itself will pay $28.6 million for the project with $136 million coming from the Central American Bank for Economic Intergration (CABEI) and another $136 million the European Investment Ban
    Read More
  • Paraguay’s road development work to be funded?
    May 8, 2018
    A budget of US$1.2 billion will help pay for road development in Paraguay’s Chaco Region. Two of the most important road projects for the Chaco Region are the Transchaco road and the bi-oceanic highway. These projects will cost $560 million and $640 million respectively.
    Read More

Highlighted Content