This is a best prospect industry sector for this country. Includes a market overview and trade data.
Much of Paraguay’s inland road network is unpaved, and paved arteries are in need of upgrades. Paraguay’s civil aviation infrastructure is also among the least developed in the region.
The Paraguayan government is working to improve the roads throughout the country, with an aim to create better connectivity within the country and to major transportation arteries in Bolivia, Argentina and Brazil. Projects may be financed directly by the government or executed under the Public-Private Partnership law. In 2019, Paraguay began construction of the first of three phases of the “Corredor Bioceanico,” which would provide road, rail, and fiber optic links between Chilean ports in the Pacific and Brazilian ports in the Atlantic.
The government cancelled a Public-Private Partnership concession to build a new passenger terminal within the grounds of the current Silvio Pettirossi International Airport in August 2018 due to irregularities in the review process. COVID-19 further delayed the tender, but the government expects to relaunch the tender in late 2021 or 2022. The U.S. Transportation Security Administration authorized direct flights between Paraguay and the United States in 2020 for the first time since 2016, which has required security upgrades to the Silvio Pettirossi International Airport. After this, Eastern Airlines inaugurated its first commercial flight to and from Paraguay in January 2021, and currently offers twice weekly direct flights between Asuncion and Miami.
The Government of Paraguay is exploring the possibility of positioning Paraguay as a logistics and aircraft maintenance platform. The government is interested in projects to better utilize the country’s second-largest airport, located in Ciudad del Este, including using it as a regional hub for cargo logistics. In August 2020, the government formally registered the Lineas Aereas Paraguayas (LAP) brand and said it will evaluate the feasibility of re-initiating of the flag carrier.
Paraguayan road building firms do not have the capacity to execute or finance all planned projects, creating opportunities for U.S. road construction and engineering services. Other opportunities include the sale of road building machinery, project management consulting, operations of highway concessions, and financial services.
The government advertises tenders on the Ministry of Public Work’s website and the government’s public contracting office website. Under Paraguay’s Public-Private Partnership law, firms may also propose unsolicited projects.
The Government of Paraguay considers the improvement of the country’s civil aviation infrastructure a top priority. As a result, there is anticipated growth in the following sectors: Civil aviation consulting and engineering services, airport infrastructure and technologies, weather monitoring equipment, safety and security equipment, air traffic control systems, and baggage and cargo handling equipment and systems.
Paraguayan Ministry of Public Works
Paraguayan Civil Aviation Authority
National Directorate for Public Contracts (https://www.contrataciones.gov.py/)
Inter-American Development Bank
The World Bank
U.S. Department of State Business Information Database System (BIDS): https://bids.state.gov/