Paraguay awards first highway PPP

Paraguay awards first highway PPP

Paraguay Project & Infrastructure Finance

Paraguay has awarded its first its public-private partnership (PPP) to a consortium of Spanish, Portuguese and local companies to expand and maintain two of the country’s federal highways.Paraguay’s public works and communications ministry MOPC announced that Spain's Sacyr, Portugal's Mota-Engil and local road builder Ocho A won a 30-year contract for the $520m project involving the Ruta 2 and Ruta 7 highways.The announcement late Friday came nearly three years after Paraguayan lawmakers passed

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