Paraguay ‘needs about US$5bn’ to modernise transport infrastructure

According to consultancy firm Nippon Koei, Paraguay needs about US$5 billion to modernise all its local transport system over a period of ten years, encompassing roads, railway and air. Road projects worth $2.21 billion are currently being carried out using government funds. Remaining investments for road infrastructure have been calculated by Nippon Koei at $1.6 billion from Public-Private Partnerships, followed by $374 million from private funds, and public funds ($1.05 billion). About 15% of roads are in
July 22, 2013 Read time: 1 min
According to consultancy firm Nippon Koei, Paraguay needs about US$5 billion to modernise all its local transport system over a period of ten years, encompassing roads, railway and air.

Road projects worth $2.21 billion are currently being carried out using government funds. Remaining investments for road infrastructure have been calculated by Nippon Koei at $1.6 billion from Public-Private Partnerships, followed by $374 million from private funds, and public funds ($1.05 billion). About 15% of roads are in a very poor state. Roads in Greater Asuncion are said to be being damaged because they are not geared up for the transport of cereals by heavy trucks. Nippon Koei has recommended the construction of roads able to withstand this kind of traffic.
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