New highway in Paraguay

New highway in Paraguay
Published: 17 November 2004

The executive project report on plans to pave Paraguay’s Concepcion-Vallemi highway will be ready for presentation to the River Plate basin development fund (Fonplata) by end-January, the public works and communications ministry said.   The ministry is seeking Fonplata funds to finance the US$65m, 180km project. Paving works could begin by end-2005, minister Alberto Alderete said in the statement.  Paraguay’s state cement company Industria Nacional del Cemento (INC), which has pledged to supply 150,000t of cement for the project, is drafting the executive project.