Paraguay: two firms withdraw from Ypacarai-Pastoreo PPP process

Paraguay has confirmed that contractorsd Odebrecht Latinvest Espana and IECSA are no longer interested in routes II and VII Ypacarai-Pastoreo road expansion work. Ministry of Public Works announced the withdrawal of the two groups from the public-private partnership works programme that is expected to cost around US$395 million, according to media reports. How, the ministry said six companies met with officials to discuss details of the work and another two companies - Tradeco Infraestructuras and Con
May 13, 2016 Read time: 2 mins
Paraguay has confirmed that contractorsd 1305 Odebrecht Latinvest Espana and IECSA are no longer interested in routes II and VII Ypacarai-Pastoreo road expansion work.

Ministry of Public Works announced the withdrawal of the two groups from the public-private partnership works programme that is expected to cost around US$395 million, according to media reports.

How, the ministry said six companies met with officials to discuss details of the work and another two companies - Tradeco Infraestructuras and Construcciones y Administraciones – have said that they will meet soon with the ministry.

The tender is expected to be open by the end of June.

The tendering process has been delayed four times although 11 firms have been pre-qualified and six had expressed an interest in going forward to the tender phase of this, Paraguay’s infrastructure sector. Road toll tariffs will have a bearing on the ministry’s final decision on which firm will win the work.
Finance & Funding

For more information on companies in this article

Related Content

  • Bidders announced for Panama project
    June 18, 2012
    The consortium made up of Acciona Infraestructuras and Tradeco from Spain and Mexico and the consortium made up of Odebrecht and Hyundai Joint Venture from Brazil and South Korea plus Vinci Construction Grands Projets from France have pre-quali ed in the tender for the construction of a new bridge at the Atlantic side of the Panama Canal. The second stage of the selection process will involve the client Panama Canal Authority (ACP) sending the contract terms and conditions to bidders. The 75m high and 4.6k
    Read More
  • Montreal’s new Champlain Bridge is shaping up for Christmas
    September 10, 2018
    Montreal’s Champlain Bridges - one going up, one coming down, reports David Arminas The importance of the new Champlain Bridge to Montreal and Canada can’t be overstated, given the crumbling nature of the not-so-old original Champlain Bridge. The original steel truss affair across the St Lawrence River and the adjacent St Lawrence Seaway canal is “a lifeline for residents and businesses” in greater Montréal, according to the national Auditor General - the public sector spending watchdog. “It accommodates
    Read More
  • Shortlist set for Norway’s Sotra PPP project
    May 21, 2020
    Sotra Link, Itias and Vis Sotra are vying for the $1.15 billion deal.
    Read More
  • Independent experts suggest interim Bay Bridge fix
    August 15, 2013
    The state Toll Bridge Program Oversight Committee (TBPOC) says it has received a report from the Federal Highway Administration (FHWA) in which the federal agency concludes that installing temporary seismic elements will make the new East Span of the San Francisco-Oakland Bay Bridge safe for traffic, and should be put in place as soon as possible. This FHWA plan involves inserting large steel plates, known as shims, into each of four bearings, improving their ability to safely distribute energy during an ea
    Read More

Highlighted Content