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

  • Malaysia’s massive transport development programme
    November 15, 2021
    Malaysia is setting out plans for a massive transport development programme.
  • US$3 billion needed for Bangladesh highway widening project
    March 25, 2024
    US$3 billion is needed for the Bangladesh Faridpur- Kuakata highway widening project.
  • Transport development for Mindanao in Philippines
    June 4, 2015
    A series of transportation projects are in hand for Mindanao in the Philippines. The Philippines' Mindanao Development Authority (MinDA) has said that the Mindanao Development Corridors' major infrastructure component will cost some US$14.02 billion in all. Of the total, some $5.6 billion will be spent on airports, seaports and roads. MinDA intends that these projects will get underway out in the next two years, with work planned for completion in five years. A new bridge has been proposed that will conne
  • Funding for Sri Lankan highway upgrade work
    July 8, 2014
    A loan from the Asian Development Bank (ADB) worth US$800 million will help pay for a series of major road upgrades in Sri Lanka. The remaining $106 million required for the project will be provided by the Sri Lankan Government. The funding will pay for works to 2,200km of provincial and local roads as well as 400km of national roads. The work will help provide proper road connections to around 1,000 villages, with the loan being supplied in a series of payments. The first $100 million payment will be made