Paraguay reaches investment goal of US$1bn in infrastructure in 2020

MOPC statement

This is a machine translation of the original press release issued in Spanish

The Ministry of Public Works and Communications (MOPC) marked an important milestone in its history with a record execution of 84% that represents a disbursement of USD 1,031 million at a general level.

The latest report indicates that the execution reached G. 6, 8 billion, which represents USD 1,031 million if we take into account the average price of the dollar that was had this year (January to December), which was G. 6,629

With regard directly to works (Level 500), payments for certificates reached the sum G. 5, 9 billion, where only in the month of December G. 1.7 billion was paid.

Regarding the percentage represented by these figures, Minister Arnoldo Wiens affirmed yesterday that it was the best achieved by the MOPC, highlighting in particular the month of March of this year because it set a record in all history with G. 684 billion executed , which then in April was surpassed again with G. 710 billion.

On the other hand, at Level 500, he said that the execution exceeded USD 891 million, an amount that does not include the works that are financed with private capital, either under the “Turnkey” modality and Public-Private Alliance (APP) , whose payments are handled directly by the Ministry of Finance and totaling more than USD 200 million this year.

To give an idea of what these figures represent, the minister said that in 2020 there were about 400 tenders, of which more than 100 correspond directly to infrastructure works.

Finally, he thanked all his collaborators who made it possible to reach this historic mark in a difficult and complicated year, with many questions, but which today closes with the joy of having met with more than 85,000 "orange workers" from all over the country who they also made this important achievement a reality.

“I want to thank with all my heart the human team, the people who always accompanied us working until late at night to be able to fulfill the commitments, the construction companies, the Directorate of Public Procurement, the Ministry of Finance and the different addresses of the MOPC, in short, to all those who made possible this historic level of performance reached, "he alleged.