Paraguay will invest US$3 billion in a road expansion and upgrade program, with MOPC overseeing the initiative until 2028. The total investment amounts to US$5.5 billion, targeting road improvements and other infrastructure like urban transport, water supply, and medical facilities. Additionally, a concrete road will be constructed along Paraguay’s PY05, managed by MOPC.
Paraguay is set to initiate a comprehensive road expansion and upgrade initiative, with a budget allocation of US$3 billion. The plans are spearheaded by the Ministry of Public Works and Communications (MOPC) and will extend until 2028. This program aims to channel a total investment of up to US$5.5 billion—representing 4% of the nation’s GDP—into various infrastructure sectors, including road enhancements, urban transport, and public service facilities.
The project entails significant improvements in road infrastructure, including maintenance and construction activities. Notably, Paraguay’s PY05 road will become the first segment within the country to be constructed entirely from concrete, representing a shift towards more durable materials in road construction. The concrete road development is managed by MOPC and will be executed in two distinct sections to optimize management and resource allocation.
As part of this extensive initiative, the government will also target improvements in urban transport systems, water supply networks, educational infrastructure, housing solutions, and medical facilities. The comprehensive nature of this investment underscores Paraguay’s commitment to enhancing its infrastructure framework, ultimately aiming to benefit its economic landscape and public services.
Paraguay’s ambitious US$3 billion road expansion program, set to unfold by 2028 under the MOPC’s guidance, signifies a strategic investment in infrastructure, accounting for 4% of the nation’s GDP. The initiative is marked by the innovative push towards concrete road construction, beginning with the PY05 route, alongside enhancements in various other sectors such as urban transport and healthcare. The extensive scope aims not only to rehabilitate existing infrastructure but also to lay down the foundation for sustainable economic growth.
Original Source: www.worldhighways.com
