Skip to main content

Loan to help fund new road link in Paraguay

The Inter-American Development Bank (IADB) is approving a loan worth US$105 million for Paraguay. The loan will cover work along San Juan Nepomuceno -route 6- road. The bank recently approved USD 150mn for Paraguay's national development agency AFD, as well as other loans to support small and medium size companies and improve roads across the country.
December 4, 2014 Read time: 1 min
The 2791 Inter-American Development Bank (IADB) is approving a loan worth US$105 million for Paraguay. The loan will cover work along San Juan Nepomuceno -route 6- road. The bank recently approved USD 150mn for Paraguay's national development agency AFD, as well as other loans to support small and medium size companies and improve roads across the country.

For more information on companies in this article

Related Content

  • Paraguay project agreement reached
    May 8, 2019
    An agreement has been reached for the projects to widen Route 2 and Route 7 in Paraguay by the various bodies involved. The Consorcio Rutas del Este joint venture partners have agreed terms with the Inter-American Development Bank (IADB), UBS and the Ministries of Public Works and Communications and Finance. UBS is providing financing worth US$250 million while the IADB is providing $200 million. Consorcio Rutas del Este, which comprises Sacyr, Mota Engil and Ocho A, is providing $83 million meanwhile. Cons
  • Work for Argentina’s famous highway
    May 20, 2025
    Work is underway for a key stretch of Argentina’s famous Route 40 highway.
  • Over US$1 billion financing for major Argentina bridge project
    November 14, 2023
    Financing worth more than US$1 billion is secured for a major Argentina bridge project.
  • Nicaragua road project funding deal
    February 1, 2018
    Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for