Loans for planned Paraguayan projects

Financing has been found for road repairs and rebuilding in Paraguay. A series of planned projects will see roads and bridge being refurbished and rebuilt. The Latin American Development Bank (CAF) will provide loans worth US$272 million for road and bridge repairs. A $50 million loan will be used to pay for work in the country’s Oriental region. In all 110 bridges will be built across Paraguay. A loan will also pay for improvements to National Route 9 connecting Mariscal Estigarribia and La Patria and La Patria and Infante Rivarola, as well as the road linking km40-Alberdi and Villa Oliva.