Skip to main content

Brazilian loan for Bolivian road

A US$332 million loan from Brazil will help build a highway between Villa Tunari and San Ignacio de Moxos in Bolivia. The project will cost over $1 million/km while the 306km highway will cost $415 million and the new link will be built by Brazilian firm OAS.
February 8, 2012 Read time: 1 min
A US$332 million loan from Brazil will help build a highway between Villa Tunari and San Ignacio de Moxos in Bolivia. The project will cost over $1 million/km while the 306km highway will cost $415 million and the new link will be built by Brazilian firm 1511 OAS. Meanwhile Bolivian road management body 1512 ABC has picked the firms that will build the three sections of the highway between La Paz and Oruro. The project has a budget of $252 million and will be built over four years. Of the six companies which submitted bids for the highway between La Paz and Oruro, three were awarded deals to build different sections of the route. Santa Fe y Asociados won the deal for the section between Senkata and Mantecani; Brabol the one for Mantecani and Lekepampa; Cartellone-CIABOL the one for the final section of the highway.

For more information on companies in this article

Related Content

  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
  • Chinese investors eye Brazilian work, including federal highway BR-153
    January 14, 2016
    Chinese investors are reported to be negotiating a contract to work on a section of federal highway BR-153 that goes from Anapolis in the Brazilian state of Goias to Palmas,n in Tocantins. The road is part of the Transbrasiliana Highway. The section was originally awarded to Brazilian construction firm Galvao Engenharia in September 2014, but the company never started expansion works.
  • Cost increases for major Chilean highway project
    November 15, 2013
    The cost of Chile’s Vespucio Oriente highway project is increasing, while its completion also looks set to be delayed. A 13% budget increase is now required due to additional costs from a number of factors such as urban landscaping, according to Business News Americas. The Américo Vespucio Oriente (AVO) expressway is being built in Chilean capital Santiago and was originally expected to cost in the region of US$940 million. However Chile’s Public Works Ministry, MOP, has said that the route will now cost so
  • Six firms submit bids for Argentina road construction deal
    August 7, 2012
    Six companies have submitted bids for a US$87.62 million (ARS 400million) road construction deal in Santiago del Estero in Argentina. Jose Cartellone Construcciones Civiles; Petersen Thiele & Cruz; Eleprint; Mijovi; Benito Roggio e Hijos; and Supercemento are interested in the project . The 70km road will link La Banda and Amama.