Paraguay’s Ministry of Public Works and Communications will tender for the first part of the bi-oceanic corridor project this month.
Work involves paving on the 255km section between Carmelo Peralta, Cruce Centinela and Loma Plata in the western region of the country under a turnkey format.
The first section of the road is expected to require an investment of around US$280 million.
The second stage of the project that will connect Paraguay with Argentina and cost $340 million. Work include paving the Cruce Centinela-Mariscal Estigarribia-Pozo Hondo road section.
The tender winner for the first section finance the construction and be repaid upon completion. But funds may also be sought from international investors for the second phase if the tender winner cannot self-finance the work.
The tender for the development of the final engineering design of the second section will be launched in 2016.
The entire 609km corridor will need around $620 million.
The third phase of the initiative is construction of the bridge over the Paraguay River between the cities of Carmelo Peralta in Paraguay and Puerto Murtinho in Brazil. Details of the project are outlined in the Cosiplan project portfolio from the Union of South American Nations.
Work involves paving on the 255km section between Carmelo Peralta, Cruce Centinela and Loma Plata in the western region of the country under a turnkey format.
The first section of the road is expected to require an investment of around US$280 million.
The second stage of the project that will connect Paraguay with Argentina and cost $340 million. Work include paving the Cruce Centinela-Mariscal Estigarribia-Pozo Hondo road section.
The tender winner for the first section finance the construction and be repaid upon completion. But funds may also be sought from international investors for the second phase if the tender winner cannot self-finance the work.
The tender for the development of the final engineering design of the second section will be launched in 2016.
The entire 609km corridor will need around $620 million.
The third phase of the initiative is construction of the bridge over the Paraguay River between the cities of Carmelo Peralta in Paraguay and Puerto Murtinho in Brazil. Details of the project are outlined in the Cosiplan project portfolio from the Union of South American Nations.
