The Rutas del Este, a consortium consisting of Sacyr (60%) and the Paraguayan firm Ocho A (40%), has completed the restructuring financing for the Route 2 PPP project in Paraguay.
The duplication of the Route 2 is one of the most important road projects in the Region Oriental in Paraguay. The Rutas del Este has refinanced the bank loan of US$176 million granted by the Inter-American Development Bank (IDB) in 2019 with the issuance of this private bond for US$218.5 million over 15 years. The project financing also has a bond for US$240 million issued in October 2019.
The construction of Route PY02 requires an investment of USD520 million. The project runs from the kilometer 73 of the city Eusebio Ayala to 183 from Caaguazú town. With more than 65% of the road in operation, 95.7 kilometers of the Route 2 is opened for transit. The road is divided into five main sections with variants in the municipalities through which it passes.
Country updates
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December 03, 2021
60% completion on PY11 route section in Paraguay
The Ministry of Public Works and Communications (MOPC) has announced 60% completion for the rehabilitation works on the 89 km Santa Rosa del Aguaray – Antequera section of PY11 route in Paraguay...
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November 25, 2021
Final proposal submitted for commuter rail PPP in Paraguay
The Government of South Korea through the Korea Overseas Infrastructure & Urban Development Corporation (KIND) has delivered its final proposal for the development of a passenger commuter railway...
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October 29, 2021
MOPC of Paraguay announces Cuatro Mojones- Quiindy PY01 road PPP
The Ministry of Public Works and Communications (MOPC) of Paraguay has announced the plans for the PY01 road between Cuatro Mojones and Quiindy. The PPP project will cover 108 km and will i...
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October 14, 2021
30% of rehabilitation complete on Route PY01 section in Paraguay
The Ministry of Public Works and Communications (MOPC) in Paraguay has announced 30% progress for the Quiindy - San Juan Bautista section on National Route PY01. The works that were e...
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September 13, 2021
Paraguay and South Korea sign MoU for train PPP project
The Governments of Paraguay and South Korea have signed the Memorandum of Understanding (MoU) for the development of the Cercanía train PPP project in Paraguay. The project involves the constr...
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