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 loan from the World Bank (WB) will help fund repair work to a key road link in Bolivia. The US$225 million loan will be used to improve roads in Bolivia, with the most important project being for the repair and upgrade of the link connecting Trinidad with Santa Cruz. The funds will help pay for improvements to a 567km stretch of this road, which will be resurfaced and improved. The work is expected to cost around $215 million to complete
The Indian Government has plans for massive investment in road and transport infrastructure. The country’s Road Transport Ministry has announced it will spend some US$ 80.65 billion in developing its road network between 2015 and 2019. Contracts for some 40,000km of road in all will be awarded during this period. The country also has a strategy of supporting private investment in transport through lower interest rates on loans for PPPs, providing partial funding from central government for local road safety
A new road in Bolivia is planned to improve connections between Montero and Yapacani. A loan worth US$122 million for the project is being provided by the Inter-American Development Bank (IADB). Work on this four-lane road is being managed by Bolivia's road company ABC and the tender process is expected to open shortly. The 70km section of road will form part of the new Santa Cruz-Cochabamba highway. At present Bolivia's road network has a total length of 74,831km and this new highway project will help impr
The Russian highway authorities intend to invest a massive €16.78 billion (US$24.23 billion) in road construction and repairs during 2011. This investment will come from federal and regional budgets
and represents a 40% increase over spending made in 2010. The plans involve repairs to 5,500km
of road surface at a cost of €2.11 billion ($3.046 billion).
