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

  • Funding issues for Georgia projects
    February 28, 2012
    Problems are appearing with regard to plans for transport funding set out by the Georgia Department of Transportation.
    Read More
  • Lithuania loan; funding found for road reconstruction
    September 29, 2016
    Plans to upgrade the Vilnius to Utena highway in Lithuania will now go ahead following the securing of a loan to help pay for the project. The €40 million loan is being sourced from the European Investment Bank (EIB). The loan will be for a period for 12 years, with guarantees being provided by the European Fund for Strategic Investments (EFSI). In all, the work to upgrade the 72.15km A14 route between capital Vilnius and Utena will cost close to €91 million, with the Lithuania Road Administration (LRA) pla
    Read More
  • Successful Eurobitume conference in Istanbul
    June 26, 2012
    The Eurasphalt & Eurobitume 2012 event in Turkey has attracted record attendance figures - Mike Woof reports A strong focus on sustainability has been the focus for the 5th Eurasphalt & Eurobitume Congress held in June 2012 at Turkey’s Istanbul Lutfi Kirdar Congress Centre. The conference had as its theme: Asphalt, the sustainable road to success and attracted the highest ever number of attendees for this four yearly event. In one of the opening presentations Turkey’s transport minister, Binali Yildirim, sp
    Read More
  • Plans for Chile-Argentina tunnel progressing
    August 14, 2014
    Successful talks have been held between Chile and Argentina regarding the planned Agua Negra road tunnel that will link the two countries. Further talks will be carried out with regard to financing the project but these look set to be completed towards the end of August 2014, according to a report from Business News Americas. One option is for Argentina’s Government to pay for the construction with the costs being recovered through tolling but other financing solutions have also been discussed. The Agua Neg
    Read More

Highlighted Content