Paraguay highway upgrade work planned

Upgrade work for Paraguay’s Route 2 is being planned. This will improve transport for the country’s capital Asunción. The road runs eastwards from the city to connect with Route 7, which connects with the Brazilian border and also lies close to the border of Argentina’s north eastern tip. Costing an estimated US$500 million, the work will be carried out by a consortium, Rutas del Este. The project is being handled under the PPP model while the consortium comprises the firms Sacyr and Ocho A. The contract w
August 6, 2019 Read time: 1 min

Upgrade work for Paraguay’s Route 2 is being planned. This will improve transport for the country’s capital Asunción. The road runs eastwards from the city to connect with Route 7, which connects with the Brazilian border and also lies close to the border of Argentina’s north eastern tip.  Costing an estimated US$500 million, the work will be carried out by a consortium, Rutas del Este. The project is being handled under the PPP model while the consortium comprises the firms 3959 Sacyr and Ocho A. The contract was awarded by Paraguay’s Ministry for Public Works and Communications (MOPC).

Finance & Funding

For more information on companies in this article

Related Content

  • Paraguay plans PPP projects
    November 8, 2017
    A series of PPP projects are being planned in Paraguay to develop the highway network. Upgrade work will be carried out on Ruta 2 and Ruta 7. In all the work is costing US$527 million and is being overseen by Paraguay’s Ministry of Public Works and Communications (MOPC). A consortium, Consorcio Rutas del Este, will carry out the contract which includes resurfacing Ruta 2 and Ruta 7, as well as improving key intersections and carrying out widening work. The 142km link between Yparacai and Caaguaza will also
    Read More
  • Paraguay project agreement reached
    May 8, 2019
    An agreement has been reached for the projects to widen Route 2 and Route 7 in Paraguay by the various bodies involved. The Consorcio Rutas del Este joint venture partners have agreed terms with the Inter-American Development Bank (IADB), UBS and the Ministries of Public Works and Communications and Finance. UBS is providing financing worth US$250 million while the IADB is providing $200 million. Consorcio Rutas del Este, which comprises Sacyr, Mota Engil and Ocho A, is providing $83 million meanwhile. Cons
    Read More
  • Funding required for road projects in Paraguay
    June 13, 2019
    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.
    Read More
  • Sacyr enters Paraguay road sector
    October 25, 2016
    Sacyr subsidiary Sacyr Concesiones is leading a consortium to will build and operate the Road 2 and Road 7 routes in Paraguay. The Road 2 route will connect Asunción and Coronel Oviedo. Meanwhile the Road 7 route will run from Coronel Oviedo to Caaguazú. Construction is expected to cost US$520 million with the concession package being for a period of 30 years. The Route 2 and Route 7 combined deal is of note as this will be Paraguay’s first PPP for a highway project. The consortium is headed by Sacyr Conces
    Read More

Highlighted Content