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Home News New Paraguay road tender plan

New Paraguay road tender plan

by tmechkarova
April 2, 2019
in News
Reading Time: 1 min read
A A

Tendering is opening in Paraguay for the country’s Transchaco road project. The construction start date has not yet been revealed but the work is expected to take two years to complete once building gets underway. Building the new Carlos Antonio Lopez route is expected to cost US$670 million, with the 559km road connecting Cerrito and Mariscal Estigarribia. Funding worth $400 million is being supplied by the Development Bank of Latin America (CAF) while $160 million is being supplied by the Inter-American Development Bank (IADB).

Categories: Finance & Funding
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