The government of Argentina's Chaco province will allocate over 520mn pesos (US$131mn) this year for works on the Ruta 16 highway, the provincial government reported in a release.
Works will begin in March and include repaving and improving roughly 50% of the route's Resistencia-Saenz Peña stretch at a cost of 120mn pesos.
In Q2, the provincial government is looking at launching a tender for the first stage of works on a stretch of highway connecting provincial capital Resistencia with Makalle.
The project will require a total investment of 400mn pesos and should be completed in two years.
"These road projects are more than significant to solidify territorial integration processes, to create a bi-oceanic corridor which will help open all the provinces that are part of [South American central-western integration zone] Zicosur to new markets such as Asia-Pacific," said Chaco governor Jorge Capitanich