The President of the Republic, Santiago Peña, presented a management report that summarizes the civil works in development to position Paraguay as a multimodal logistics hub of regional importance. Taking advantage of its strategic location in the heart of South America, the country is implementing a series of infrastructure initiatives and projects with a total investment exceeding $2.7 billion.
Among the notable initiatives are the improvement and expansion of road networks, the construction of international bridges and investment in technology and logistics equipment for Border Centers. Specific projects include access to the Integration Bridge, part of the Eastern Metropolitan Corridor, and the construction of the Integrated Control Area in Presidente Franco, on the border with Brazil.
Other key connection projects with Brazil are the Bioceanic Route Bridge in Carmelo Peralta and the Sovereignty Route, from Pedro Juan Caballero to Ypejhú. Also highlighted are the paving of Route PY22 from San Pedro to Concepción and Route PY12 from Chaco'i to General Bruguez, as well as the improvement and duplication of Route PY01 through a public-private alliance.
In addition, crucial projects are being managed such as Route PY05 from Pozo Colorado to Concepción and the construction of Integrated Control Areas on the Paraguay-Argentina border. A new bridge with Argentina is planned in Pilar – Puerto Cano and the improvement of the PY20 from Pilar to Cerrito, along with the Rice Route from Concepción to San Lázaro.
The completion of the pending phases of the Pilar Coastal Defense and the concession for the maintenance of several national routes are other works in progress. Two iconic integration projects also stand out: the Paraguay-Paraná Waterway and the new Silvio Pettirossi Airport.
Impact on the real estate sector
Investment in infrastructure will not only improve connectivity and access to various markets, but will also have a significant impact on the real estate sector. Improving roads and bridges will facilitate transportation and reduce travel times, making certain areas more accessible and attractive for investment.
The construction of new routes and the improvement of existing ones will increase the value of properties near these roads, boosting the development of residential and commercial projects. Furthermore, the creation of a regional logistics hub will attract international companies, increasing the demand for industrial and commercial spaces.
With the improvement in infrastructure, growth is expected in the construction of homes, offices and shopping centers. In summary, the consolidation of Paraguay as a regional logistics hub will not only strengthen the economy, but will also transform the country's real estate landscape, creating new investment and development opportunities.
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