This Project consists of the expansion and improvement of National Route No. 2 (Mariscal José Félix Estigarribia) and Route No. 7 (José Gaspar Rodríguez de Francia) from Ypacaraí (Km42) to the Tape Pora concession (Km 183), encompassing a 141 Km extension. Construction works include duplicating and/or expanding the road with four lanes, building bridges, overpasses, service roads, and bypasses for traffic re-routing in main urban areas. This Project is carried out under a Public-Private Partnership (PPP) based on provisions under Law 5,102/13 “Promotion of Public Infrastructure Investments, and Expansion and Improvement of State-owned Goods and Services”. The Ministry of Public Works and Communications (MOPC in Spanish) is the authority awarding the PPP agreement, and the government agency responsible for developing environmental and social guidelines for the Project design, construction, operation, maintenance, and closing phases.
The IIC participation will contribute to leverage international market resources through a guarantor position during the initial construction phases, and then the Corporation will become a long-term lender of the Project over the PPP contract.