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

  • Belarus opts for a PPP road scheme
    August 12, 2019
    Belarus has started pre-qualification for what will be the country’s first public-private partnership – the M-10 motorway upgrade. David Arminas reports "There’s a little bit of almost everything in this project,” said Steve Gilpin, technical team leader and associate of engineers Ove Arup & Partners International. True to his word, there is. That was how Gilpin kicked off his presentation about Belarus’s planned M-10 motorway project to 180 international bankers, private investors, contractors and en
    Read More
  • New Pakistan motorway routes
    November 12, 2024
    New Pakistan motorway routes will be built under the PPP model.
    Read More
  • We can be Heroes
    January 11, 2023
    Paraguay’s Puente Héroes del Chaco will provide a vital transport link for the country once it is complete, Mauro Nogarin and Mike Woof report
    Read More
  • Metro Pacific pushes for Cebu-Mactan bridge in the Philippines
    January 19, 2015
    Metro Pacific Investments Corp (MPIC) is in discussions to form a joint venture for construction of a toll bridge connecting the islands of Mactan and Cebu in the Philippines. Cebu is an island province that incorporates 167 surrounding islands and islets, one of them being Mactan, which lies immediately off Cebu Island, across from Cebu City. MPIC’s subsidiary, Metro Pacific Tollways Development Corp (MPTDC), is proposing an 8.3km bridge costing around US$380 million, according to local media reports
    Read More

Highlighted Content