2025.12.15
On December 12, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of Republic of Paraguay in the capital city Asuncion, to provide Japanese ODA loan for the Project for Improving Integration and Socioeconomic Development Corridor in the Southwestern Region. The signatures were exchanged between Minister Carlos Fernández Valdovinos of Ministry of Economy and Finance and Chief Representative, Takahatake Chika of JICA Paraguay.
This project may utilize Japanese companies' technologies for subbase improvement, road markings, and reinforcement materials for concrete pavement at toll station.
Rendering of the completed image (Eastern Region Export Corridor)
Rendering of the completed image
The project outline is explained below.
Terms and Amount of Loan
- Country
(Target Areas)
Republic of Paraguay (Provinces of Misiones and Ñeembucú)
- Project Objective
This project aims to improve logistics connectivity and enhance transportation efficiency in southwestern Paraguay through road improvements, thereby contributing to increased agricultural production and socio-economic development in the region.
- Project Component
1. Civil Works:
(1) Mainline Road
(2) Access Roads
(3) Bridges
(4) Small bridges
(5) Toll
(6) Axle load measurement stations
2. Consulting Services:
Detailed design, bid assistance, construction supervision, support for environmental and social considerations, traffic safety measures, etc.
- Maximum Loan Amount
36,380 million Japanese Yen
- Annual
Interest Rate
Project:2.45: %, Consulting Services: 0.65%
- Repayment Period
25 Years
- Grace Period
7 Years
- Procurement
Untied
- Executing Agency
Ministry of Public Works and Communications
- Contribution to SDGs
Goal 8（Decent Work and Economic Growth）
Goal 11 (Sustainable Cities and Communities)
Goal 13 (Climate Action)
-
Planned Implementation Schedule
1. Completion of the Project: March 2031, when the project is completed upon commencement of the facility operation.
2. Issuing of letters of invitation for consulting services (including detailed design work): December 2025
3. Tendering of announcement of initial procurement package for international competitive bidding on project construction:
Package for 1,2,3
Release date: March 2027
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