The Inter-American Development Bank (IDB) is considering a $200 million loan to the Government of Paraguay for upgrading a road connecting the cities of Mariscal Estigarribia and Minas Cué. This segment forms part of the Bioceanic Road linking the Port of Santos and São Paulo in Brazil with Pacific ports in northern Chile.

According to project documents, the program’s general objective is to improve access for the population in Paraguay’s Western Region to productive markets and social services, and to facilitate international trade in the area influenced by the Bioceanic Corridor.