Chinese contractors win preferred status for Bolivian road repairs

A series of major road rebuilding projects in Bolivia look likely to be handled by Chinese contractors. The Bolivian Government is deciding on the Chinese firms that will carry out road infrastructure works in the country. This decision follows from a loan provided via the Chinese Government loan worth US$7.5 billion. There have been criticisms of the link between the loan and Chinese firms being allowed a greater chance of winning repair contracts. But this has been deflected by the Bolivian Government, wh
October 27, 2015 Read time: 1 min
A series of major road rebuilding projects in Bolivia look likely to be handled by Chinese contractors. The Bolivian Government is deciding on the Chinese firms that will carry out road infrastructure works in the country. This decision follows from a loan provided via the Chinese Government loan worth US$7.5 billion. There have been criticisms of the link between the loan and Chinese firms being allowed a greater chance of winning repair contracts. But this has been deflected by the Bolivian Government, which has pointed out that most firms tendering will be from Bolivia itself.
Road Structures Finance & Funding

Related Content

  • Key Colombian contract – contractor change
    July 8, 2019
    A new contractor will take over work for Colombia’s Santana-Mocoa-Neiva road. The project is worth around US$956 million and forms part of the country’s 4G infrastructure development programme. The work will now be handled by Grupo Ethus and involves a series of improvements, upgrades and widening to be carried out along 457km of the route, including building a 54km section. This project will be carried out in seven sections and is due for completion in 2023. The work was originally awarded to a concession
    Read More
  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • Chinese expressway expansion works
    April 11, 2023
    Chinese expressway expansion works are underway.
    Read More
  • Kosovo's award-winning green highway construction
    March 20, 2012
    A new highway is proving an economic lifeline for the tiny country of Kosovo – Mike Woof reports. Road projects in Europe rarely meet such widespread public approval and support as the new Route 7 highway being built in the new Balkan state of Kosovo. The first sections of the new road opened to traffic in November 2011, with locals turning out in large numbers to celebrate the event. The official opening was carried out by the country’s prime minister Hashim Thaçi, president Atifete Jahjaga, and members of
    Read More

Highlighted Content