IBRD LOAN: US$74million
TERMS: Grace period = 5 years; Maturity = 23 years
PROJECT DESCRIPTION: The objective of the project is to establish a sustainable road management strategy that provides for the upgrading and maintenance of the road network through the strategic and transparent use of scarce resources. The approach is critical for Paraguay, which relies almost entirely on roads for transport in domestic and international goods. The road network will provide crucial links to ports in neighboring countries and markets in the Mercosur region.