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.
Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
An investment of nearly US$510 million is being planned in Bolivia for road building works. The country’s state-run road company, Administradora Boliviana de Carreteras (ABC), has plans in hand for a total of 32 road maintenance and construction projects in Santa Cruz department. In all these will stretch for some 5,773km. Of this, $291 million will be spent on 276km of new roads, including the Saavedra-Chane and Circunvalacion Mineros, Hardeman-Colonia Pairi and Rio Uruguaito-Santa Rosa de la Roca-San Igna
Miami-based firm IBT has completed its construction work on a highway link in Bolivia’s Chaco Region. The project cost US$84 million to carry out and is of importance to Bolivia, as it will improve transport connections and improve trade and tourism in the area. The improved route will also make a major boost to safety as the original road had the reputation of being one of the 10 most dangerous mountain roads anywhere in the world. The 61km highway project included moving 5.4 million m3 of earth before the
