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

  • US DOTs in critical funding battle
    February 9, 2012
    In the US, state DOTs are preparing for the upcoming reauthorisation battle in a tough economic and political climate. Set to expire by the end of the year, the bill is a critical funding source for many transportation projects in the US. However transportation officials in the US are facing a tough battle as the political and economic climate has changed considerably since the last reauthorisation was passed, shortly after President Obama's inauguration in January 2009. Since then, the recession has contin
    Read More
  • 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
  • Improving rural roads, fighting poverty
    February 23, 2012
    IRF Geneva's Innovation Award for Road Transport in Developing Countries (InARoaD) proved a showcase for initiatives that are having a real impact on global efforts to fight poverty by opening rural access, including this inspirational project from Nepal
    Read More
  • Road safety is an EU priority
    March 2, 2012
    The preparation of the new EU Road Safety Policy for the next decade will take place during Spain's presidency of the EU. Patrick Smith reports. An the past 10 years, half a million people have been killed on European Union roads, with road crashes costing an annual €160 billion or 2% the EU's GDP.
    Read More

Highlighted Content