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.
The authorities in Brazil have been facing problems with the expropriation of land needed for new road projects. This is a key issue for new roads planned for the 2014 Football World Cup and is affecting local governments and county councils.
Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget.
Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
Bolivian president Evo Morales has decided to put his plans to build a new highway through the Amazon jungle to the vote. Morales is going to ask the affected communities directly if they want the new road or not, after a noisy protest campaign against the plan caused him to think more deeply.
