Paraguay bridge deal agreed

A funding package is being provided for the second bridge crossing the Parana River in Paraguay.
May 2, 2019 Read time: 1 min

A funding package is being provided for the second bridge crossing the Parana River in Paraguay. Itaipu Binacional is to provide a financing package worth US$75 million for this project. The bridge is expected to cost $180 million in all to construct. The bridge will be 3.5km in length, connecting Asuncion with Chaco'i. In addition, Itaipu Binacional is providing the necessary financing for another bridge connecting Carmelo Peralta with Puerto Murtinho.

Finance & Funding

Related Content

  • 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
  • Bolivia highway complete – built by IBT
    June 1, 2018
    Miami-based firm IBT has completed its construction work on a highway link in Bolivia’s Chaco Region. The project cost US$84 million to carry out and is of importance to Bolivia, as it will improve transport connections and improve trade and tourism in the area. The improved route will also make a major boost to safety as the original road had the reputation of being one of the 10 most dangerous mountain roads anywhere in the world. The 61km highway project included moving 5.4 million m3 of earth before the
    Read More
  • Burundi’s bridge lifeline project
    April 23, 2025
    Burundi’s new road bridge project will provide a key lifeline.
    Read More
  • Consortium Via al Puerto to finish Colombia’s Buga-Buevantura road
    May 24, 2016
    Colombia’s National Infrastructure Agency (ANI) has approved Consorcio Estructura Plural Via al Puerto to build the remaining 26.5km of the Buga-Buenaventura dual carriageway. Construction costs will be just under US$358 million with another $645 million likely needed to maintain and operate the public-private partnership road for 30 years. Works include construction of two tunnels, 12 bridges, 7.5km of cycle lanes, as well as maintenance of 111km of the main road, according to a report by El Pais new
    Read More

Highlighted Content