Bolivian project moving forward

Bolivia's 306km Villa Tunari-San Ignacio de Moxos road is due for completion in 2014. The new road will provide and important link for the departments of Beni and Cochabamba
February 24, 2012 Read time: 2 mins
Bolivia's 306km Villa Tunari-San Ignacio de Moxos road is due for completion in 2014. The new road will provide and important link for the departments of Beni and Cochabamba, although there has been some resistance to the second stage of works and agreements will have to be reached for the work to be completed on target. As a result, Brazil has said that funding for the central stretch of the road will be granted once Bolivia finishes the socio-environmental impact studies currently underway. This will require the Bolivian Government to reach agreements with the indigenous population that will be affected by the project. The loan will be made for the first and third stretch of the route. The second will go right through the heart of the Isiboro Secure Indigenous Land National Park (Tipnis). Brazil approved a loan worth US$415 million for the project. The second stretch is the longest, at 117km, and still needs to be evaluated and designed. The first and third stretches have environmental licenses however and are already being built. This new link forms part of a wider programme to improve road infrastructure in Bolivia and the Ministry of Public Works has said that road investments for the period 2011-2014 will be in the region of $2.19 billion. The plan calls for some 2,624km of roads to be built in the 2011-2014 period. Some $500 million will be invested/year and the Ministry of Works also intended to surface all of the main RVF roads before the end of the present government's term, which will be on 21st January 2015. To achieve that aim is likely to require an investment of around $3 billion.

Related Content

  • Middle East financing for Moscow’s new toll route
    June 12, 2018
    Financing from the Middle East is helping to build the first toll road in Russia’s capital Moscow – Eugene Gerden reports. The first toll road within the Russian capital Moscow will be built this year with financing from a consortium comprising Russian and Arabian investors. This was revealed officially in a recent statement from the Moscow City Government. The heart of the project involves building a relief road for Kutuzovsky Prospekt, a major radial avenue in Moscow, which is known for its luxury stores
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More
  • Saudi Arabian capital Riyadh benefiting from major transport investment
    September 9, 2013
    Saudi Arabia is undergoing a series of upgrades to its transport network in a bid to improve Traffic flow rates and boost safety - Mike Woof reports. The massive growth in the use of motor transport worldwide since the start of the 20th century has transformed every country on the planet. But perhaps no country has changed more dramatically than Saudi Arabia, the world’s leading oil producer. At the start of the 20th century Saudi Arabia’s population was small and the country had few industries while it is
    Read More
  • Brazil infrastructure projects being privatised?
    May 18, 2015
    The Brazilian Government is considering increasing the number of projects being privatised in a bid to boost investment in the country. Brazilian president Dilma Rousseff has suggested increasing the number of federal roads included in the privatisation programme from four to 11. The economic team has presented 20 new road stretches to be considered for inclusion in the programme. These routes will be studied in order to determine which will generate the most interest from the private sector, with six or se
    Read More

Highlighted Content