Bolivia's authorities are planning to spend US$200 million on new infrastructure.
February 27, 2012
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Bolivia's authorities are planning to spend US$200 million on new infrastructure. One of the key projects will be a new two lane road link between La Paz and Oruro. Transport links are key to the land-locked country's economy.
Further infrastructure development is planned for Morocco. The authorities in the town of Salé are planning an urban development programme, with new and wider roads seen as a key portion of the work. Salé lies immediately to the north of Morocco’s capital Rabat and is home to many commuters working in the capital. Improving the transport links in the area will help develop the local economy and the Ministry of the Interior and the Ministry of Finances have set a budget of over US$516 million for the work. T
Plans are now in hand to develop the highways of Nicaragua, a Central American country that has suffered from poor infrastructure investment in the past. The funding will come from the Inter-American Development Bank (IADB). Some US$91.5 million has been approved by the IADB to finance highway projects in Nicaragua between 2014 and 2018. While this sum may not seem as substantial as the investment being seen in other countries around the world, it will make an enormous difference to this small Central Ameri
Construction work on the road connecting the Bolivian towns of Riberalta and Rurrenabaque has been halted. The project to upgrade Bolivia’s Route 8 is being carried out by a Chinese contractor. Work started on the project in 2014 and is supposed to be complete in 2020 but is said to be significantly behind schedule, with only 11% of the planned work having been carried out. The project is costing an estimated US$579 million of which the contractor has so far been paid some $220 million. The road link
