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

  • A key section of highway is now open in Romania
    July 26, 2012
    In Romania the northern section of the bypass around the city of Constanta is open to traffic. The bypass forms part of the Pan-European Road Corridor IV and work on this section was financed by the European Bank for reconstruction and Development (EBRD). The southern stretch of the 23km bypass was completed in 2011. Now it is complete, the bypass will carry heavy port traffic away from Constanta. It will also provide a free-flowing route for tourist traffic from Romanian capital Bucharest and the north of
  • ARTBA PPP awards include key Texas project
    July 22, 2014
    A $1.2 billion highway project in North Central Texas was recognised as a prime example of innovative transportation financing at an event held by the American Road & Transportation Builders Association (ARTBA). The 26th Annual Public Private Partnership (P3) Conference in US capital Washington was organised by ARTBA with its P3 Awards being presented in two categories, for entrepreneur of the year and project of the year. The former is given to at least one individual who has made an outstanding contributi
  • India's rural road upgrades
    March 22, 2012
    The Indian Highways Ministry has plans to construct new roads in under-developed areas of the country. A budget of some US$3.19 billion is envisaged for the work required over the coming five year period.
  • World Bank loan for Bolivia roads
    November 16, 2015
    A loan from the World Bank (WB) will help fund repair work to a key road link in Bolivia. The US$225 million loan will be used to improve roads in Bolivia, with the most important project being for the repair and upgrade of the link connecting Trinidad with Santa Cruz. The funds will help pay for improvements to a 567km stretch of this road, which will be resurfaced and improved. The work is expected to cost around $215 million to complete