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

  • Turkey’s new Marmara Highway project
    June 8, 2017
    By the end of 2018, a shiny new strip of asphalt will skirt around Turkey’s largest city, Istanbul, providing a new transport connection.
    Read More
  • Colombia: nine 4G PPPs to receive financing this year
    March 18, 2016
    Colombia’s minister of transport Natalia Abello Vives has announced that nine 4G public private partnership projects will receive financing this year. Final financing for the Puerta de Hierro-Cruz del Visola road, part of the second wave of 4G projects, will be on June 14, with work to be carried out by Spanish construction firm Sacyr. Construcciones El Condor will carry out the Antioquia-Bolivar and Cesar-Guajira road projects which will also receive financing this year. Other projects include the
    Read More
  • Spain: 'spend more on maintenance'
    July 5, 2012
    Spain's road maintenance deficit has now reached €8.6 billion in the period since 2005, according to road maintenance companies. The industry has now asked the authorities to invest 2.5% of the roads value on maintenance to take up the shortfall. The companies include Imesapi and Dragados (ACS); Grupisa (Ferrovial); Acciona Mantenimiento de Infraestructuras (Acciona); Martinsa (FCC); Valoriza (Sacyr), and Elsan (OHL). This group says that the value of all the roads the Spanish government is responsible for
    Read More
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
    Read More

Highlighted Content