Bioceanic Road Corridor (PY15)

road

Distance

532 km
new
– km
rehabilitated
532km
existing
– km

Cost

$0.9b
$915,000,000

underConstruction

2027

Objective

The Bioceanic Road Corridor in Paraguay (PY15) is the central, enabling link in a >2,300-mile route connecting Brazil’s Atlantic ports to Chile’s Pacific ports. By traversing the Paraguayan Chaco, it bridges regional gaps, slashing transit times by two weeks, slashing costs by ~30–40%, and connecting landlocked areas to Asian markets

Description

In Paraguay, the corridor corresponds to National Route PY15 (532 km), which connects Carmelo Peralta, on the border with Brazil, with Pozo Hondo, on the border with Argentina, only half of this route was previously paved

History

Segment 1 (Carmelo Peralta - Loma Plata): 275 KM, Completed. Segment 2 (Loma Plata - Mariscal Estigarribia - Pozo Hondo): 257KM, Under construction.

Finance

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$200m loan
Inter-American Development Bank
Development bank
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$354m loan
FONPLATA
Development bank

Contractors

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