Paraguay’s planned highway projects

Several major road projects are underway in Paraguay at present, though issues are afflicting some. Although the Rute del Este consortium comprising Sacyr, Mota Engil and Ocho A was awarded the PPP contract to upgrade Ruta 2 and Ruta 7, the necessary funding has yet to be delivered. The Inter-American Development Bank (IADB) and the US Bank have both said that they would give the necessary funding. A new deadline has been set for the funds to be delivered at the end of March 2019. Meanwhile there are also d
January 22, 2019 Read time: 2 mins

Several major road projects are underway in Paraguay at present, though issues are afflicting some. Although the Rute del Este consortium comprising Sacyr, Mota Engil and Ocho A was awarded the PPP contract to upgrade Ruta 2 and Ruta 7, the necessary funding has yet to be delivered. The Inter-American Development Bank (IADB) and the US Bank have both said that they would give the necessary funding. A new deadline has been set for the funds to be delivered at the end of March 2019. Meanwhile there are also delays over getting the land required for the work. There have been complaints over the toll charges set for the Ruta 2 and Ruta 7 highways, especially as the upgrade and widening work has yet to be completed on some stretches.

Progress has been slow meanwhile on the $443 million project for the new Loma Plata-Carmelo Peralta road. Work is now expected to commence in March 2019. The construction work is being handled by the Consorcio Corredor Vial Bioceanico consortium, comprising Queiroz Galvao and Ocho A.

Finance & Funding

Related Content

  • Paraguay road tender opening
    March 18, 2019
    The tender process for the second section of Paraguay’s bi-oceanic highway project is commencing in mid-2019. This 573km stretch of highway is being offered in two sections, with financing likely to come from international banks. The consortium Consorcio Corredor Vial Bioceanico is handling the first section of the project, which is costing around US$443.4 million. The second section of the route is expected to cost $800 million. The third stretch of the route will be complex as it includes a new bridge spa
    Read More
  • Paraguay project progressing to plan
    October 26, 2020
    Paraguay’s Bi-Oceanic Road project is progressing to plan.
    Read More
  • Paraguay’s key road widening works commencing
    April 17, 2019
    Widening work is planned for Route 2 and Route 7 in Paraguay. These highway stretches play important transport roles for the country, linking with capital Asuncion and also connecting the Eastern and Western borders of the country with neighbouring Argentina and Brazil. Construction work is due to commence in mid-2019, although the complete financing package for this PPP project has yet to be finalised. Funding of around US$500 million will be needed for the work, with the project being Paraguay’s first PPP
    Read More
  • Paraguay project proceeding as planned
    August 22, 2017
    Plans are proceeding on Paraguay’s project to construct the country’s new bi-oceanic corridor. The tender process to construct the 227km route from Carmelo Peralta to Loma Plata has attracted bids from four consortia. The four consortia are: China Machinery Industry Construction Group (Sinoconst); Consorcio Corredor Vial Bioceanico; Jose Cartellone Construcciones Civiles; and Consorcio Bioceanico. The project is expected to cost US$400 million.
    Read More

Highlighted Content