New corridor helps new accord in South America

The official opening of the new Corredor Bioceanico Central highway linking Brazil, Chile and Bolivia will be carried out in November of this year. The corridor provides a vital commercial link between the countries and is of particular importance to Bolivia, which is entirely landlocked. Better access to ports in Brazil and Chile and will help Bolivia's economy while also helping trade in those nations. Measuring 3,800 km long, the corridor comprises a number of roads that link Santos in Brazil to Iquique
May 28, 2012 Read time: 2 mins
The official opening of the new Corredor Bioceanico Central highway linking Brazil, Chile and Bolivia will be carried out in November of this year. The corridor provides a vital commercial link between the countries and is of particular importance to Bolivia, which is entirely landlocked. Better access to ports in Brazil and Chile and will help Bolivia's economy while also helping trade in those nations. Measuring 3,800 km long, the corridor comprises a number of roads that link Santos in Brazil to Iquique in Chile.

The presidents of Brazil, Chile and Bolivia, Luiz Inacio Lula da Silva, Sebastian Pinera and Evo Morales respectively, will attend the inauguration ceremony. Brazil's Foreign Affairs Ministry says that the countries are continuing discussions on how the corridor will be managed, in particular regarding standards for customs, sanitation and traffic.

The development of the corridor shows increasing accord between Brazil, Chile and Bolivia and this is a major change as relations have been somewhat troubled in the past.

Related Content

  • Funding for Rwanda roads rebuild
    July 18, 2016
    Foreign funding will help pay for key road rebuilding work in Rwanda. Loans worth US$162.4 million are being provided by the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), with a $22 million development grant also coming from the EU. These financial sources will help pay for work to improve the 92km long link connecting Kayonza with Rusumo as well as the 116km road between Kagitumba and Kayonza. These road links are of importance as they help connect Rwanda to its nei
    Read More
  • Chilean highway project faces questions
    February 14, 2012
    The plans for Chile's new Vespucio Oriente highway are under a question mark at present. The Chilean Construction Chamber (CChC) and the association of concession-holders (COPSA) have raised concerns over the plans by the country's government to press ahead with the construction of the 13km Vespucio Oriente highway in capital Santiago.
    Read More
  • Out with Russian bureaucracy, in with foreign road investment
    September 27, 2013
    Transport journalist Eugene Gerden reports on why foreign companies are likely to become keener to invest in Russia’s huge array of major road construction projects The Russian government led by president Vladimir Putin is stepping-up its efforts to get greater foreign company investment in Russian road building by creating favourable trading conditions, including the elimination of bureaucratic and administrative barriers.
    Read More
  • Modern road system is 'a must'
    August 2, 2012
    Australia's GDP could see a major increase if traffic bottlenecks in big cities were to be removed, and the government is addressing this as a matter of urgency A modern road system is a must in Australia where it is estimated that the removal of traffic bottlenecks could potentially raise the country's GDP by 0.8%. According to the Committee for Economic Development of Australia (CEDA), which made the prediction, infrastructure bottlenecks (particularly in cities, which account for over 70% of the country'
    Read More

Highlighted Content