Overview
- The national government published Decree 389/2026 on May 27, 2026, formally approving a Modelo de Contrato de Préstamo with the Corporación Andina de Fomento for US$150 million and bearing the signatures of President Javier Milei, Chief of Cabinet Manuel Adorni and Economy Minister Luis Caputo.
- The funds are designated for the “Programa Integral de Logística Urbana y Metropolitana del Gran Rosario,” a four‑part plan to upgrade logistics infrastructure, strengthen port‑city integration, develop a roadmap for a Third Ring Road around Greater Rosario, and manage the program.
- Planned civil works include extending the third lane of the Rosario–Santa Fe highway toward Timbúes, new access routes and heavy‑traffic pavements to port terminals, a Serodino bypass and upgrades in Timbúes, Puerto San Martín and San Lorenzo to separate freight from urban traffic.
- The financing package is reported as part of a US$187.5 million program with provincial co‑funding, loan terms of 18 years and five years grace at a 6.52% rate (SOFR 180d), and the decree authorizes the national government to debit federal coparticipation revenue if the province does not meet payments.
- Next steps are final signature of the loan contract and ratification by the Santa Fe legislature after which phased works are expected over about five years, building on sections the province has already started with its own funds and aiming to ease congestion for millions of residents and exporters.