• 2026.03.06 (Fri)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

Paraguay Announces Elevated Highway Project in Luque, Expanding Existing Road Contract

Desk / Updated : 2025-04-09 08:08:27
  • -
  • +
  • Print

Asunción, Paraguay – The Paraguayan government has officially unveiled its plans to construct an elevated urban highway in the city of Luque. The project, featuring two lanes and four traffic lanes, will connect the Ñu Guasu area with Silvio Pettirossi Avenue. The initiative also encompasses the development of roundabouts and bypasses along various sections of the route from Luque to Ypacaraí.

This ambitious undertaking is being facilitated through a modification of the existing contract with the private investment firm Rutas del Este, which was initially for the expansion of National Route PY02 earlier this year. The government has opted to add a 30-year extension (adenda) to the original agreement to incorporate the new construction projects.

Instead of initiating a new bidding process, the government utilized the parliamentary recess to "modernize" the Public-Private Partnership (APP) law. This strategic move bypasses the need for congressional approval for the contract modifications, allowing the current president to authorize investments, loans, and agreements with companies unilaterally.

While the contract documents have been requested from the Ministry of Public Works and Communications (MOPC), the specific details remain undisclosed. However, it is understood that the new construction projects will be subject to a bidding process, in which the current contractor, Rutas del Este, is expected to participate. The contract for maintenance and additional works has been extended for the company for an additional 30 years. The total project cost is estimated to be approximately US$180 million.

The Presidential Office released a statement alongside a video presentation, declaring, "Today, we take a significant step towards improving mobility in Greater Asunción. We announce a project that will revolutionize how we enter and leave the capital: an elevated urban highway and new accesses branching off from the PY02 National Route. Designed for faster, safer, and more convenient travel, because better mobility leads to a better quality of life. This is the path towards a more modern, more connected Paraguay, focused on the well-being of its people."

Intriguingly, the video showcasing the elevated highway project also included footage of the previously planned suburban train (tren de cercanías) to be developed with prior consultations and funding from South Korea. The government ultimately decided to cancel this railway project, opting for a domestic company and national funds for the highway.

The MOPC clarified, "This solution has been designed to be perfectly compatible with the future suburban train, respecting the urban dynamics and the movement of pedestrians and vehicles in the city of Luque."

Furthermore, improvements are slated for a 41-kilometer stretch of the PY02 National Route between Ypacaraí, Areguá, and Luque, promising enhanced accessibility from these cities to the capital. A new bypass will be constructed in Areguá.

On the PY02 National Route, from kilometer 43, covering the Ypacaraí-San Bernardino-Luque (Tarumandy) section, the plans include the expansion of lanes at the San Bernardino access, urban improvements, and lane expansions at key points along the San Bernardino-Luque stretch.

Additionally, the Nueva Colombia connection will see the addition of left and straight turn lanes, and new access points connecting to the PY02 National Route will be developed.

The MOPC emphasized the long-term vision of the project, stating, "Beyond construction, this project includes the operation and maintenance of the entire road network, ensuring its long-term functionality and building modern infrastructure that meets the current and future needs of the country," as stipulated under the APP law.

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

  • #globaleconomictimes
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
  • #타이완포스트
  • #김포공항
Desk
Desk

Popular articles

  • Samsung TV Plus Surpasses 100 Million Monthly Active Users, Solidifying Leadership in Global FAST Market

  • South Korean Conglomerates Pledge 270 Trillion Won for Regional Investment to Boost Jobs and Growth

  • Mixed U.S. Employment Data Sparks Wall Street Retreat; Fed Shifts Focus to Inflation

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065568072769763 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • The Illusion of a "Stress-Relieving" Smoke: Study Finds Smokers More Prone to Depression
  • From Table to Space: Japan Unveils Edible Spoons Made of Cookies
  • Luckin Coffee Shakes Up Global Market with Blue Bottle Acquisition
  • U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports
  • Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds
  • Multi-Homeowner Loan Balance Hits 103 Trillion Won; Half Concentrated in Seoul and Gyeonggi

Most Viewed

1
Adwa’s Echo in Korea: A Shared Story of Dignity and Freedom
2
2026, The Grand Year of Hangeul Celebration — The River of History Where Five Streams Converge
3
A New Milestone for Ukraine’s Post-War Reconstruction: The Birth of ISVP
4
Mexican currency and the powerful history behind its designs
5
Revised and Expanded Edition of ‘Failure of Negotiations with North Korea: Truth and Solutions’ Published
광고문의
임시1
임시3
임시2

Hot Issue

South Korean Markets Shaken by "Iran Shock": KOSPI Suffers Historic Rout Amid Soaring Oil and FX Rates

Self-Employed Loan Delinquency Rates Double in a Decade Amid Economic Headwinds

U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports

Industrial Output Dips in January Amid Semiconductor Adjustments; Middle East Tensions Loom as Wild Card

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
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers