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.
A Chinese contractor will carry out a major highway project in Bolivia. The company, Sinohydro, will construct a new road section close to El Sillar and the work will form part of the highway connecting Santa Cruz with Cochabamba. The work for the 28km stretch of road is costing around US$450 million to carry out and the link is due to open to traffic in 2019. Work on this section of road was intended to commence earlier but was delayed due to a number of unexpected administrative issues. Financing for this
Transport Infrastructure Vietnam 2012 has been organised by IQPC in partnership with the local authorities and will be held in Hanoi from 17-18 April, 2012. Further details can be found at www.transportinfrastructure-vietnam.com. A huge investment by Vietnam’s Ministry of Transport will see over US$5 billion spent on the country’s road transport infrastructure by 2020.
The authorities in Vietnam have identified the need for major investment in road infrastructure in Ho Chi Minh City. To bring the city’s transport infrastructure up to the necessary standard, some US$4 billion will be required/year over the next 10 years, according to local officials.
