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

  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
    Read More
  • Mongolia road development project going ahead
    March 14, 2019
    A major road development project for Mongolia will be carried out on the AH-3 route.
    Read More
  • Kenya key road construction contract awarded
    March 28, 2017
    Contracts for a major highway project in Kenya have now been awarded. Two Chinese contractors will handle two sections of the new highway with the two portions of the project worth nearly US$175 million in all. The project involves improvements to the 206km road that runs through Isebania, Kissi and Ahero in Kenya to upgrade it to highway status. The project is of regional importance for East Africa as it will also connect with South Sudan and Tanzania and become part of a new road connection between the th
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More

Highlighted Content