Paraguay is launching a US$3 billion road expansion and upgrade program through its Ministry of Public Works and Communications (MOPC). The investment aims to enhance infrastructure until 2028, with total spending projected at US$5.5 billion, impacting various sectors beyond roads. The first concrete road in Paraguay’s history will also be developed under this plan, demonstrating a commitment to improved construction practices.
Paraguay is initiating an ambitious road expansion and enhancement program valued at US$3 billion. Developed by the Ministry of Public Works and Communications (MOPC), this extensive plan aims to significantly improve the country’s infrastructure over the next five years, culminating in 2028.
This initiative includes investing up to US$5.5 billion, representing 4% of Paraguay’s total GDP, in various infrastructure projects ranging from road maintenance and construction to urban transport systems. Additionally, it will encompass investments in water supply, education, housing, and medical facilities.
Notably, this initiative follows the announcement that a segment of Paraguay’s PY05 will become the nation’s inaugural concrete road. The MOPC is overseeing this concrete road project, which will be executed in two parts, marking a significant advancement in the quality of Paraguay’s road infrastructure.
In summary, Paraguay’s US$3 billion road initiative represents a critical investment in national infrastructure, with a broader strategy anticipated to reach US$5.5 billion by 2028. The project reflects a commitment to modernizing the transportation network while addressing broader needs in urban transport, education, and healthcare.
Original Source: www.globalhighways.com
