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.

Finance & Funding

Related Content

  • Series of road and overpass projects for Myanmar
    May 11, 2015
    Two key projects will help boost road transportation in Myanmar. In Yangon, the regional government is to fund construction of an overpass located at Tamwe Junction. The move comes after the Japanese government declined to fund the works due to the high cost, expected to be in excess of US$120 million. In the 2015 to 2016 financial year, overpasses at Kokkaine Junction, Tamwe Junction and Eight-mile junction will be built. The Yangon regional government will fund the work with its budget of $20.66 million.
    Read More
  • Hinergia bridge project finds federal funding
    March 27, 2017
    A budget worth nearly US$252 million will help pay for bridge design and construction work as well as bridge repair activities in 12 states across Nigeria. The budget has been approved by Nigeria’s Federal Executive Council (FEC). Meanwhile $475 million is being budgeted for the engineering and consultancy work required for the Second Niger Bridge that will connect the city of Asaba in Delta State with Onitsha in Anambra State. The new bridge is desperately required as the existing structure is in poor cond
    Read More
  • Nepal’s $14.4 billion 2025-2026 budget
    June 3, 2025
    Nepal’s $14.4 billion 2025-2026 budget has been unveiled.
    Read More
  • Paraguay road tenders being planned
    March 3, 2016
    A series of tenders for major road projects is planned in Paraguay during 2016. The country's Ministry of Public Works and Communications (MOPC) will launch tenders with a total value of US$2.27 billion. The Ministry of Public Works and Communications will prioritise works including construction of the first stretch of the Bioceanic corridor, La Costanera Sur road and the 147km-long export corridor. The plans call for projects worth some $1.8 billion to go to tender in the first half of 2016. These projects
    Read More

Highlighted Content