Paraguay's government is going back to basics with its program
to improve the economic and investment environment: building up
PARAGUAY | Infrastructure: Back to basics
Paraguay’s infrastructure has suffered from years of neglect, but a new PPP framework could bring change
As a landlocked South American country that has the ambition
to become a hub, and a re-export platform for the sub-region,
the country needs to boost its transport logistics - and put an
end to power blackouts.
Such events are all the more grating for locals, given
Paraguay's abundance of hydro-powered electricity generation
capacity, including the binational Itaipu hydroelectric dam,
one of the biggest in the world, on the border with Brazil.
The country's infrastructure is well under par by
international standards. "There is a huge deficit built over
decades of insufficient investment that has put Paraguay among
the 10 worst quality public infrastructure in the world,"
according to the World Economic Forum.
The administration of President Horacio Cartes looks
determined to address long-standing issues in infrastructure.
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