OPIC finances Argentine road PPP

OPIC finances Argentine road PPP

Project & Infrastructure Finance Loans Economy & Policy Debt Argentina US

The Overseas Private Investment Corporation (OPIC) said it has granted a $400m loan to develop the Corredor C toll road public-private partnership (PPP) in Argentina. OPIC will provide the money to the finance ministry, which will lend it to the project sponsor José Cartellone Construcciones Civiles. The 15-year PPP project involves repaving and widening the 876km toll road, which runs from the province of Buenos Aires to Santa Fe, Córdoba, Mendoza and the Chilean border. It also includes the co

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