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

  • Construction completion for Colombia concession contracts
    December 14, 2017
    Colombia’s massive road and highway development programme is still moving ahead, with a series of major concession projects due for completion by 2020. A consortium titled Via al Mar is on track to finish construction of the Cartagena-Barranquilla highway in August 2019, for which the company has a 25-year concession agreement. The tender process for the final stretches of the Ruta del Sol II highway will commence shortly.
    Read More
  • Colombia contract won by consortium
    July 28, 2015
    Colombia’s National Infrastructure Agency (ANI), has awarded a consortium led by Spanish construction firm, Sacyr, a contract for work on the Pasto to Rumichaca highway. The route lies near Colombia’s border with Ecuador. This project forms part of the second wave of 4G road concessions being awarded. A second carriageway will be built for 80km between Ipiales and Catumbuco, with six road intersections, 2.6km of tunnels and 1.5km of bridges, pontoons and viaducts. The SAC 4G consortium comprises Sacyr and H
    Read More
  • Paraguay road deal being signed
    January 17, 2017
    Paraguay’s Ministry of Public Works and Communications is awarding a major package of works to widen two key highway routes. The construction work will be carried out on Route 2 and for Route 7 and involves adding extra lanes and improving safety, in a bid to boost capacity as well as protection measures for road users. Construction of the US$520 million package is expected to commence in mid-2017, with the work being carried out under the PPP model. Route 2 is also known as the Mariscal Jose Felix Estigarr
    Read More
  • Argentina seeking road funding opportunities
    October 10, 2018
    Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using th
    Read More

Highlighted Content