Paraguay’s planned public works projects

Paraguay is making progress with key public works projects as key contracts are now being awarded. Of prime importance is the contract for a stretch of the Corredor Bioceanico highway that will run across the country, which has been awarded to a consortium, Consorcio Corredor Vial Bioceanico. This 227km stretch of the bi-oceanic highway runs from Carmelo Peralta to Loma Plata and the deal was awarded by Paraguay’s Ministry of Public Works and Communications (MOPC). The consortium is made up of the firms Queiroz Galvao and Ocho A, with the partners bidding US$443.5 million for the work and construction is due to start within six months. However it is not clear whether there will be any future legal challenges to the deal. The firm Queiroz Galvao is currently under investigation in Brazil and Peru with regard to allegations of irregularities over the award of previous infrastructure contracts.