Skip to main content

Paraguay’s road development work to be funded?

A budget of US$1.2 billion will help pay for road development in Paraguay’s Chaco Region. Two of the most important road projects for the Chaco Region are the Transchaco road and the bi-oceanic highway. These projects will cost $560 million and $640 million respectively.
May 8, 2018 Read time: 1 min

A budget of US$1.2 billion will help pay for road development in Paraguay’s Chaco Region. Two of the most important road projects for the Chaco Region are the Transchaco road and the bi-oceanic highway. These projects will cost $560 million and $640 million respectively.

Related Content

  • Morocco tender
    May 3, 2012
    The Moroccan Government is increasing its investment in roads and highways by 21% from last year. The country intends to spend US$6.32 billion on improving the road network. A further $14.5 billion is expected from private sources and other funding bodies. Work on the El Jadida-Safi highway project will commence in 2012 and is expected to cost $497million. Work on the Tit Mellil-Berrechid highway section will cost $152.55 million. The authorities in Morocco are now assessing 13 bids submitted in the tender
  • Ukraine's pivotal plans
    February 16, 2012
    The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.
  • Stage 2 works on North Luzon Expressway in Philippines underway
    February 14, 2013
    Manila North Tollways Corp (MNTC) has started work on stage two of the North Luzon Expressway (NLEX) in the Philippines. The US$245.76 million (PHP 10bn) stage involves an 8km road between the Harbour Link and the Smart Connect Interchange in Manila. The project also includes the construction of Segment Nine and Segment 10, earmarked for completion in 12 and 24 months respectively. Segment Nine will connect MacArthur Highway with the Valenzuela NLEX Main via a 2.4km link and costs $41.7 million (PHP 1.7bn),
  • Nicaragua road upgrades - funding secured
    March 1, 2018
    Financing worth US$238 million has been secured for planned road upgrades and improvements in Nicaragua. The funding comes in the shape of a loan from the Central American Bank for Economic Integration (CABEI). The upgrade works will be carried out to just over 194km of roads across the country. These works form part of the Nicaraguan Government’s VII Road Improvement and Renovation Programme. Meanwhile a further funding package worth $1.4 million from CABEI will help pay for various studies for Phase I of