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Loan agreed for $235 million Paraguay road projects

Christian Fernsby ▼ | May 20, 2020
A loan from the Inter-American Development Bank (IADB) has been approved, which will pay for road projects in Paraguay.
Paraguay road
Projects   Paraguay road
The $235 million loan will pay for a series of road projects that have been planned by the Ministry of Public Works and Communications (MOPC).

Topics: Paraguay

Over the next four years, 104km of road stretches will be improved.

These include the road connecting Cruce Pioneros and Paratodo.

The IADB is providing $185 million.

A further $50 million is being provided by a fund form South Korea.