Paraguay, JICA review US$175mn highway project
Representatives of development body the Japanese International Cooperation Agency (JICA) and Paraguayan officials will review the construction and asphalt paving of a 147km highway the former is financing by means of a US$175mn loan.
Paraguay is set to contribute an additional US$40mn towards the project, according to a release from the country's public works and communications ministry (MOPC).
The road will connect Natalio town in Itapúa department with Los Cedrales district in Alto Paraná department. It will pass by eight grain container ports along the Paraná river and three in Alto Paraná.
JICA and Paraguayan officials will review a draft of the loan, MOPC said, with the contract scheduled to be signed in June.
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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