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Spanish firms eye infrastructure projects (Paraguay)
2011-04-08

 Spanish companies have expressed interest in investing in Paraguayan infrastructure projects, according to Spanish ambassador Julio Fernández.

At a meeting with Paraguay's public works ministry (MOPC), Fernández discussed projects such as the Chaco potable water pipeline and Silvio Pettirossi airport concession with public works minister Efraín Alegre. 

"We're interested in Spanish companies participating in airport concessions and also the possibility that some Spanish construction firms come [to Paraguay] to make deals on highway projects," added Fernández. 

Spanish firms are also interested in investing in water projects in the South American country, especially the Chaco potable water pipeline, for which Fernández highlighted the need for a public-private partnership. 

MOPC has already secured US$48mn in funding for the pipeline, including US$18mn from Spanish international cooperation agency for AECID and IDB, US$18mn from the state, and US$12mn from the local government.


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