ASUNCIÓN — IDB Invest has provided $283 million in financing to Rutas del Este, a consortium formed by Grupo Sacyr and Ocho A, to expand Route 2, Paraguay’s main highway corridor.

The operation will add approximately 61 kilometers to strengthen connectivity between Asunción and inland cities, particularly Luque, Areguá, and San Bernardino. The project includes a new route layout, beltways, intersections, viaducts, and improvements to urban access points.

It will benefit residents of the Asunción Metropolitan Area by improving mobility, road safety, and traffic flow along the main access routes to the capital. By reducing congestion and travel times, the new works will strengthen metropolitan connectivity and consolidate the strategic link between Asunción and Ciudad del Este, boosting productivity, trade, and regional integration.

This new financing builds on the Route 2 project financed by IDB Invest in 2019 and 2021, and reflects a long‑term partnership between IDB Invest, the government of Paraguay, and the private sector to develop high‑quality transportation infrastructure.

The financing includes an innovative structure designed by IDB Invest to secure funding starting in the construction phase, reduce risks, and enable the timely execution of the project. Under this scheme, IDB Invest advances resources during the construction phase based on Deferred Investment Payments (DIPs), providing the liquidity needed for execution. Once construction is completed, these DIPs may be acquired by institutional investors in capital markets, in line with IDB Invest’s “originate-to-share” business model, which expands the institution’s capacity to attract private capital for development across the region.

In addition, IDB Invest will provide technical assistance to Rutas del Este to strengthen the project’s impact on micro, small, and medium‑sized enterprises, promoting their inclusion in the supply chain and the adoption of best practices in local-supplier development. This initiative will contribute to economic dynamism in the areas where the works will be carried out and enhance the project’s social impact.

The transaction reinforces IDB Invest’s role as a strategic partner in infrastructure development in Paraguay and demonstrates its commitment to innovation to mobilize private investment, strengthen infrastructure, and deliver tangible benefits for citizens.

About IDB Invest  

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en.  

About Sacyr

With a portfolio of assets valued at more than €4 billion, Sacyr is the world’s third‑largest public‑private partnership (PPP) project developer, according to PWF. Operating in more than 15 countries and employing over 15,000 people, Sacyr’s purpose is to drive society toward a sustainable future through transportation, social, and water infrastructure projects that generate positive social, economic, and environmental impact for all stakeholders. 
www.sacyr.com

About Ocho A S.A.

Ocho A S.A. is a leading Paraguayan infrastructure company. Throughout its history, the company has developed solid expertise in the construction of roads, bridges, and sanitation systems, later expanding into civil and electromechanical works, with particular recognition for the quality of its road projects. Since 2016, Ocho A has established itself as a market leader in Paraguay in the execution of public‑private partnership contracts and turnkey projects.