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

  • Serbian roads to get Chinese funding
    November 28, 2012
    Talks between the Chinese Development Bank and the Serbian Government could result in €400-€450 million of Chinese funding for Serbian highway projects. The Danube coast and the Corridor 11 projects are among those earmarked for a potential cash boost. Serbia’s Ministry for Transport (MOT) is also in talks with Chinese partners about other highway builds including100km of the Belgrade-Cacak, Belgrade-Obrenovac, Preljina-Ljig and Lajkovac-Ljig routes, as well as the 100km Pojate-Preljina project. China Road
    Read More
  • Russia’s US$28 billion road and bridge works
    November 29, 2013
    A series of major transport projects worth a combined value of over US$28 billion are set to significantly enhance connectivity between various parts of Russia. These include the Moscow-St Petersburg highway, work to the transport system in the Rostov region and two new bridges: one over the Belaya river in Ufa, the other over the Kama river in Izhevsk. The tender process for the $4.46 billion contract to build, maintain, repair, and operate a section of the Moscow- St Petersburg highway has been announc
    Read More
  • Bolivia road contract awarded to Chinese firm
    February 9, 2017
    A Chinese contractor will carry out a major highway project in Bolivia. The company, Sinohydro, will construct a new road section close to El Sillar and the work will form part of the highway connecting Santa Cruz with Cochabamba. The work for the 28km stretch of road is costing around US$450 million to carry out and the link is due to open to traffic in 2019. Work on this section of road was intended to commence earlier but was delayed due to a number of unexpected administrative issues. Financing for this
    Read More
  • Tanzania road development projects being planned
    March 24, 2017
    A series of major road projects are now being planned in Tanzania, with funding sources for much of the work having been identified and secured. The largest of these is being delivered with a World Bank loan worth US$425 million, which will help pay for transport improvements in Tanzania’s capital, Dar es Salaam.
    Read More

Highlighted Content