Chinese funding for Bolivia roads

Bolivia is looking to source funding for two major highway projects from China. This development could follow discussions between Bolivia's vice-president Alvaro Garcia Linera and Chinese funding bodies being held during his trip to China. The highways in focus are the links from Porvenir to Chive and from Chive to Ixiamas. The 151km Porvenir to Chive highway is expected to cost around US$385 million to construct. The 254km Chive to Ixiamas highway meanwhile is expected to cost $600 million. Should Chinese
October 14, 2015 Read time: 1 min
Bolivia is looking to source funding for two major highway projects from China. This development could follow discussions between Bolivia's vice-president Alvaro Garcia Linera and Chinese funding bodies being held during his trip to China. The highways in focus are the links from Porvenir to Chive and from Chive to Ixiamas. The 151km Porvenir to Chive highway is expected to cost around US$385 million to construct. The 254km Chive to Ixiamas highway meanwhile is expected to cost $600 million. Should Chinese funding sources finance these highway projects, it is likely that Chinese contractors would also carry out the bulk of the construction work. And this being the case, the majority of the construction equipment would also likely be sourced from Chinese manufacturers.
Road Structures Finance & Funding

Related Content

  • Indonesia’s Trans-Sumatra highway inches ahead
    March 11, 2015
    Indonesia will form a consortium of state enterprises to build all the 2,700km of the Trans-Sumatra toll highway, from Lampung to Aceh on the island of Sumatra. The finance department is also setting up special infrastructure banks to provide flexible loans for the state departments to fund the project, Indonesian media reported. Indonesia recently changed the law that had the state infrastructure company PT Hutama Karya as the only organisation allowed to build major projects. Other state enterprises can n
    Read More
  • Serbia road project, funding secured
    February 19, 2019
    Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been
    Read More
  • Bolivia road project underway, but delayed
    December 13, 2018
    Progress appears to be slow on the El Sillar road project in Bolivia.
    Read More
  • Pavers produce on Chinese road building project
    May 19, 2015
    Volvo tracked pavers are helping China meet its ambitious programme of building 10,000km of roads annually. China’s ambitious road building programme is seeing over 10,000km of new highway being completed every year. Productivity, reliability and good uptime of equipment are key to this programme being achieved. And to the north of Xi’an, four Volvo Construction Equipment (Volvo CE) ABG8820 tracked pavers recently worked 14 hours/day paving the final layer of asphalt on a new highway. This 96km route opened
    Read More

Highlighted Content