Paraguay’s new highway project receiving funding

Funding for a major highway project in Paraguay will be provided by Japan's International Co-operation Agency (JICA).
June 27, 2017 Read time: 1 min

Funding for a major highway project in Paraguay will be provided by Japan's International Co-operation Agency (6706 JICA). The project will cost US$176 million and involves building a 147km connection between the town of Natalio and the Los Cedrales District. The bids for the contract were announced in April 2017.

Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • New bridge planned for Paraguay
    March 29, 2019
    A new bridge project is planned for Paraguay by the country’s Ministry of Public Works and Communications (MOPC). The bridge will span the Paraguay River and connect Asuncion with Chacoí and the project is now expected to cost US$296 million. The bridge was originally expected to be somewhat less costly to construct. But the work is being carried out under the turnkey model, which is causing some controversy as it is thought to be a key factor in increasing the final pricetag. The new bridge will improve tr
    Read More
  • Pakistan secures loans for the M4 Khanewal and Shorkot section
    June 16, 2016
    The China-based Asian Infrastructure Investment Bank and the Philippines-based Asian Development Bank will co-finance a 64km highway project between Khanewal and Shorkot towns in Punjab province of Pakistan. A report in Japan Today said that ADB had approved a €88.85 million loan for the project. AIIB will likely get board approval for its nearly €89 million this month. A grant for the project worth nearly €34 million is being extended by the UK’s Department of International Development. The Pakistan
    Read More
  • Paraguay is planning projects for highway rebuilding
    February 15, 2017
    In Paraguay the government is setting up plans for rebuilding Ruta 9, the Transchaco road. Negotiations have been held with regard to funding with the Inter-American Development Bank (IADB). A loan worth US$160 million from the IADB will help fund the work. Funding for the project will also be provided by the Development Bank of Latin America (CAF).
    Read More
  • New Morocco highway link planned
    October 9, 2023
    A new Morocco highway link is planned near Casablanca.
    Read More

Highlighted Content