US$700 million for new Argentina bridge

A US$700 million loan is helping pay for new bridge in Argentina.
Finance & Funding / November 27, 2023 35 seconds Read
By MJ Woof
A new bridge is planned to connect Chaco and Corrientes in Argentina – image courtesy of © Kitano|

A US$700 million package will help pay for a new bridge planned in Argentina to link Corrientes with Chaco. The financing is coming in the shape of a loan from the Inter-American Development Bank (IADB), agreed with the country’s Ministry of Public Works.

The bridge will be the second structure to span the Parana River and connect Corrientes and Chaco and is required as the existing link is not able to cope with current demand. Contractors interested in the prequalification process for the project have until 29th February 2024 to register. The tender process for the project will commence in April 2024.

At present the Paraná River in this area is spanned by the General Manuel Belgrano Bridge, which links the cities of Resistencia and Corrientes. However, this bridge has weight restrictions for vehicles using it and is also heavily congested, leading to traffic delays.

The plans call for new bridge to be located 9km from the General Manuel Belgrano Bridge, linking National Route 11 with National Route 12. Construction of the new link will include building the 772m cable stayed bridge spanning the Paraná River itself, as well as 5.6km of viaducts and over 28km of new connecting roads running on top of embankments.

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