Paraguay’s government is going back to basics with
its program to improve the economic and investment environment:
building up infrastructure.
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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