A loan and credit line from the Inter-American Development Bank (IDB) will finance a 772m cable-stayed bridge linking two provinces in the north east of Argentina.
The two cities of Resistencia and Corrientes are linked by the 2,800m General Manuel Belgrano Bridge, completed in 1973. This cable-stayed bridge is restricted by weight limits and congestion. This is impeding regional logistics and socioeconomic development. To address this, the IDB is financing a project which includes a 772m cable-stayed bridge, along with roads and viaduct access.
The bank has approved a US$700 million credit line and a first loan of US$345 million. There will be a US$100 million local contribution.