The Peruvian government has announced that the US$182 million construction of a road to link Tacna (Peru) with La Paz (Bolivia), via Collpa, will begin in 2015. This new road will benefit more than 268,000 people living in the south of Peru.
May 13, 2014
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The Peruvian government has announced that the US$182 million construction of a road to link Tacna (Peru) with La Paz (Bolivia), via Collpa, will begin in 2015. This new road will benefit more than 268,000 people living in the south of Peru.
Bolivia’s new highway project will improve connections with Brazil and Chile – Mauro Nogarin reports. Work is underway on Bolivia’s new Rurrenabaque – Riberalta highway project, which will boost connectivity for the country. The project is being coordinated by the Bolivian Highway Administration (ABC), with an Eximbank loan of US$579.4 million providing the financing for 85% of the work. The remaining 15% of the funding will come from the Beni Department’s budget, where the route is being built. Located in
Bolivia’s ambitious Santa Cruz road corridor connector project is providing an important link for the country - Gordon Feller writes The World Bank has been organising a US$230 million loan to upgrade a vital connector linking the country’s northern and southern transit corridors. Meanwhile, another $100 million is coming from Bolivia’s government.
Brazilian conglomerate Odebrecht plans to invest around US$1.5 billion in Peru this year, the company’s head of operations for Peru said.
Ricardo Boleira, said has 15 contracts for 2015 and the total value of its operations in the country stands at $13.7 billion. Around $2 billion has been invested in roads, with upwards of $500 million in irrigation projects and $900 million for energy contracts.
Odebrecht is a family-owned business started in 1944 and operates in construction, petrochemicals, transp
Work is progressing on the key Red Vial 5 highway project in Peru. The construction phase of the Huacho-Pativilca highway should finish in March 2017. The 183km long highway project has been carried out in two phases, with the first being finished in 2008 and costing some US$58 million. However costs have escalated for the second phase and it will come with a bill of some $119.6 million when the work is completed in 2017, around 12 months later than originally planned. The road operator is Norvial and this
