Paraguay-Brazil bridge facing delay

Brazil’s economic woes are now affecting the construction of a new bridge connecting the country with Paraguay. The project is expected to cost US$71.34 million and the contract was awarded to Construbase-Ciudad-Paulitec and the necessary environmental permits were also given earlier in 2017. However now that Brazil is unable to provide its portion of the funds necessary, the completion date will have to wait. The bridge was to have been the second such link between the two countries and is required as the
November 15, 2017 Read time: 1 min

Brazil’s economic woes are now affecting the construction of a new bridge connecting the country with Paraguay. The project is expected to cost US$71.34 million and the contract was awarded to Construbase-Ciudad-Paulitec and the necessary environmental permits were also given earlier in 2017. However now that Brazil is unable to provide its portion of the funds necessary, the completion date will have to wait. The bridge was to have been the second such link between the two countries and is required as the existing connections are not able to cope with demand.

Finance & Funding

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