Paraguayan capital Asunción expects to launch a tender by end-May to build a new access road to the capital from Central department's Luque city, the presidential website reported.
Works are budgeted at US$27mn and include building a six-lane northern access road stretching 6.3km, called Ñu Guazú avenue, and two bridges to help reduce travel time between the two cities.
The project will be funded by the Mercosur structural convergence fund (Focem), which has greenlighted financing for the initiative. Fellow Mercosur member states must now review and approve the project's feasibility and financial reports.
Asunción recently presented President Fernando Lugo with a plan to improve road infrastructure in the city, including the 3.8km Costanera avenue, the Costanera del Sur avenue, and the 12km Eusebio Ayala stretch of a new bus rapid transit (BRT) system.