IDB Helps Paraguay Develop Tourism Industry

    A ship sails along Rio Paraguay, a major river in south central South America, which runs through Brazil, Bolivia, Paraguay, and Argentina. The Inter-American Development Bank is lending USD10 million to develop public tourist attractions in Paraguay, such as Rio Paraguay. Photo by: Michele Molinari / CC BY-NC Michele MolinariCC BY-NC

    The Inter-American Development Bank is lending USD10 million to develop public tourist attractions in Paraguay. The project will support tourism in Gran Chaco, South America’s largest forest extension after the Amazon, and Lake Yguazu.

    The bank will back design and restoration works, the outfitting of tourism facilities and equipment, and the interpretation and management of natural and cultural heritage in Peru. It aims to facilitate the creation of a Guarani World experiential circuit, a Great American Chaco interactive interpretive center, a riverfront visitor station, and small docks along the Bay of Asuncion and Paraguay River’s tributaries.

    About the author

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      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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