• 2025.10.25 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > Industry

PY01 Highway Expansion Project: Operator Selection Nearing

Eugenio Rodolfo Sanabria Reporter / Updated : 2025-07-16 17:35:01
  • -
  • +
  • Print

 

ASUNCIÓN – The Paraguayan Ministry of Public Works and Communications (MOPC) is accelerating the PY01 highway expansion and improvement project for the Cuatro Mojones-Quiindy section (108 km) by completing the opening of economic proposals. This large-scale project, to be carried out under a Public-Private Partnership (APP) model, involves an investment of approximately 428 million USD (approximately 590 billion Korean Won), including maintenance for the next 30 years.

The PY01 highway is one of Paraguay's key transportation arteries, and this expansion is expected to significantly enhance the efficiency of logistics and human movement connecting the capital, Asunción, with the southern regions. In particular, it is projected to directly benefit about 2.6 million residents in the Central and Paraguarí departments, and also positively impact the Misiones and Itapúa departments. The MOPC believes this project will contribute to regional economic revitalization by easing traffic congestion and reducing travel times.

Two major consortia participated in this bid. The Desarrollo Vial al Sur consortium (comprising Sacyr Concesiones SL and Ocho A SA) proposed 25,705,143 USD (including taxes), while the Rutas del Mercosur consortium (comprising Tecnoedil SA, Alya Constructora SA, Construpar SA, and Semisa Infraestructura SA) submitted a lower bid of 24,077,936.70 USD. Both consortia proposed a semi-annual installment payment (PDI) method.

The submitted proposals will now be forwarded to the evaluation committee for a comprehensive review of their technical and economic aspects. The committee will meticulously examine each consortium's capabilities, experience, and the feasibility of the proposed amounts to select the final operator and recommend it to the MOPC. The government is committed to choosing the optimal partner through a transparent and fair process.

Marcelo Simbron, the mayor of Paraguarí, expressed high expectations for the project. He emphasized that "the PY01 highway expansion will bring a revolutionary change to the lives of countless Paraguarí residents who commute to Asunción daily," and that "the reduction in travel time will improve their quality of life." He also added that the highway expansion would significantly contribute to boosting tourism in the Paraguarí region. He predicted, "More tourists will visit to enjoy Paraguarí's beautiful nature and rich history, which will inject new vitality into the local economy."

The PY01 highway expansion project is one of the Paraguayan government's major infrastructure initiatives, playing a crucial role in the national development strategy. This project is evaluated as a cornerstone for improving the quality of life for local residents and fostering balanced national economic development. With the final operator selection and construction commencement imminent, the southern region of Paraguay is preparing for new opportunities for development.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #micorea
  • #mykorea
  • #Lifeplaza
  • #nammidonganews
  • #singaporenewsk
  • #Taiwanpost
  • #Samsung
  • #Doosa
Eugenio Rodolfo Sanabria Reporter
Eugenio Rodolfo Sanabria Reporter

Popular articles

  • Beauty Queen's Reign Ends in a Day: Thai Pageant Winner Stripped of Crown Over Controversial Past Video

  • Plan International Launches Global Campaign to End Child Marriage on International Day of the Girl

  • A New Wave of High-Dividend ETFs: Combining Growth and Innovation

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065602062532791 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Melody in the OR: Parkinson's Patient Plays Clarinet During Brain Surgery
  • South Korea to Launch Government-Led AI Certification to Combat Market Confusion
  • South Korean Chip Titans Clash Over Next-Gen HBM4 Memory
  • Hwangnam-ppang: Gyeongju's 85-Year-Old Secret to Sweet Success
  • Kia Inaugurates New CKD Plant in Kazakhstan, Accelerating Global Supply Chain Diversification
  • Korean Expatriates in Cambodia Face Economic Crisis and Anti-Korean Sentiment Amid Crime Wave

Most Viewed

1
Early Winter Chill Grips South Korea as Seoraksan Sees First Snow
2
Gyeongju International Marathon Elevated to 'Elite Label' Status, Welcomes Record 15,000 Runners  
3
K-Webtoons Emerge as a Mainstream Force in North American Pop Culture: Report from New York Comic Con 2025
4
Deadly Clan Clashes Erupt in Gaza as Israeli Forces Withdraw
5
South Korean Chip Titans Clash Over Next-Gen HBM4 Memory
광고문의
임시1
임시3
임시2

Hot Issue

Minister Choi Hwiyoung Vows 'One-Strike Out' Policy Amidst Surge in Abuse Reports

ROK President Lee Faces Major Diplomatic Test with APEC Super Week

Chinese Researchers Unveil Ultra-Fast Analog Chip, Targeting 1,000x Nvidia Speed

Melody in the OR: Parkinson's Patient Plays Clarinet During Brain Surgery

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 세종시
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE