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

  • Solving Sao Paulo's traffic congestion problems
    July 10, 2012
    The Brazilian city of Sao Paulo suffers a heavily congested road network. Huge traffic jams up to 100km long are common and can be even 200km long in bad weather or at weekends and holidays. Of the 1.1 million vehicles that drive into Sao Paulo every day, almost a third are passing through and the new Rodoanel Mario Covas orbital route is intended to tackle the problem. This is a 170km long highway around the city that will connect the 10 highways linking Sao Paulo and allow many vehicles to avoid the conge
    Read More
  • Polish road authority GDDKiA will re-tender for the S14
    May 12, 2017
    The Polish ministry of infrastructure announced that it will retender for building the last 27km section of the Expressway S14 around Lodz. Poland’s road authority GDDKiA said it was not satisfied with the offers it had received during the tender. They were higher than the budget by around €59 million, reaching upwards of €487 million. Local governments reportedly fear that construction delays could disrupt the Specialised Expo from June to September, 2022 if the city of Lodz were to be chosen. The wining c
    Read More
  • Poland eyes PPP for four major highway sections worth €2.32 billion
    June 18, 2018
    Poland will use the public-private partnership model for four road sections worth in total €2.32 billion. The roads are the S6 running from Koszalin to the DK6 at Bozepole Wielkie, the S10 from Bydgoszcz to Torun, the western ring-road of Szczecin and the ring-road around the TriCity metropolis. Tenders will be issued likely by the end of the year or the first quarter 2019, according to Polish media. The decision to adopt the PPP model for infrastructure projects is partly a response to the reduction
    Read More
  • A macro website launched for microsurfacing processes
    October 9, 2018
    RoadResource.org as a go-to website for surfacing information is now live When RoadResouce.org went live – quietly - in July it was the end of two years of hard work by three major US associations for pavement preservation. But there was no grand party or ceremonial pushing of the “go live” button, says Doug Hogue, vice president and general manager of VSS Macropaver. “For all of us in the industry July is a busy period that left little time to celebrate on the opening day,” says the 51-year-old chartere
    Read More

Highlighted Content