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.
In Bolivia three road tenders are now underway, part of a programme to upgrade the country’s network as only 10% of its road links are paved at present. The country’s road authority, ABC, opened these tenders which are intended to develop transport links in Bolivia’s Cochabamba and Santa Cruz departments. One project is for a US$85 million highway connecting Yapacani with Ichilo. Another project is for the $61 million 31km road link between Ivirgarzama and Puente Chimoré. The third tender is for the $69 mil
OECD (Organisation for Economic Co-operation and Development) countries investment in road, rail and inland waterway infrastructure as a percentage of GDP averages around 1%, according to new research by the International Transport Forum (ITF). The figure is contained in the ITF at the OECD’s 2013 annual statistics update ‘Spending on Transport Infrastructure 1995-2011: Trends, Policies, Data’, which is accompanied by a related database, released today.
Bolivia’s new highway will provide better access into mountain areas – Mauro Nogarin writes
At the beginning of 2015, work began on the construction and paving for the Tupiza - Atocha - Uyuni highway project. The route is located in Bolivia’s Potosí department: it is 189m in length and forms part of the Southwest Basic Road Network (RVF) of Bolivia.
The completion of this important route is requiring funding worth US$150 million, of which 72% is being delivered through loans from the European Investment
