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

  • Paraguay tender process opening for bids
    March 22, 2017
    Paraguay is opening the tender process for construction work on the Alberdi-Pilar road. The tender is being handled by Paraguay’s Ministry of Public Works and Communications (MOPC). Work on the 96km route will include surfacing and the project is expected to cost just over US$131 million. Financing is being provided in the form of a loan from Fonplata. The project will include building six bridges measuring a total of 2.3km, as well as installing hard shoulders and drainage along the route. The work will be
    Read More
  • Funding problems for major Polish highway project
    May 9, 2012
    The long tale of woe concerning Poland’s troubled A2 highway project looks set to continue with the latest developments in the case. The Chinese contractor China Overseas Engineering Group Co (Covec) is appealing against a decision made by the Polish national road authority GDDKiA. The Polish authorities cancelled the contract that COVEC had previously been awarded to build a section of the A2 highway between Warsaw and Lodz.
    Read More
  • Philippines’s NEDA to consider two road PPP projects in November
    November 12, 2015
    The National Economic and Development Authority (NEDA) will consider approval of seven Public-Private Partnership (PPP) projects, two of them highways, by the end of this month. The highways are the US$516 million Manila connector road and the $209 million Plaridel toll road. A report by the Manila-based Business World Online newspaper said the deals are worth around US$3.65 billion.
    Read More
  • Poland’s GDDKiA promises to improve road procurement processes
    January 12, 2015
    The Polish national roads authority GDDKiA has said that it will no longer look for the cheapest offer in road-building tenders. Instead, it will, in line with European Union requirements, consider whole life cycle factors such as durability, cost of exploitation and quality. Poland has long been criticised by the road construction industry, both within the country and in the rest of Europe, for handing out tender wins to the lowest bidder with scant regard for life-cycle costs. The government has also b
    Read More

Highlighted Content