Bolivia road upgrade funded by World Bank

A loan worth US$230 million from the World Bank will help pay for a major highway upgrade in Bolivia. The highway connects San Ignacio de Velasco and San Jose de Chiquitos in Santa Cruz. The funding will pay for the route to be paved with a new surface, which will help deliver lower journey times for road users, as well as improving safety levels. The upgrade to the road will help to increase capacity and will also provide a boost to the local economy in the Santa Cruz area of the country.
January 16, 2017 Read time: 1 min
A loan worth US$230 million from the World Bank will help pay for a major highway upgrade in Bolivia. The highway connects San Ignacio de Velasco and San Jose de Chiquitos in Santa Cruz. The funding will pay for the route to be paved with a new surface, which will help deliver lower journey times for road users, as well as improving safety levels. The upgrade to the road will help to increase capacity and will also provide a boost to the local economy in the Santa Cruz area of the country.

The World Bank has approved a loan of USD 230mn (EUR 204.77mn) to pave the motorway between The project will improve travelling times between both locations. Close to 125,000 residents will benefit for this initiative
Finance & Funding Road Structures

Related Content

  • New Argentina highway construction work
    January 11, 2019
    Construction is underway for Argentina’s new Mendoza-San Juan Highway – Mauro Nogarin reports The rehabilitation and maintenance works of more than 3,300km of routes is now underway in Argentina. This followed on after the takeover of six new road corridors under the Public-Private Partnership (PPP) model, which took place in August 2018. The rehabilitation and maintenance works are being carried out prior to the start of the main projects, which will include the construction of highways. Building the
    Read More
  • Bolivia highway upgrade project planned
    March 3, 2016
    Work on a new dual lane highway connecting La Paz with Santa Cruz in Bolivia is set to cost US$1 billion. The work will be complete by 2019 and the route will link La Paz with Santa Cruz, running through Cochabamba. The Bolivian Ministry of Public Works says that this project will be carried out in addition to previous developments to the road system between La Paz and Oruro. The project to connect different regions includes the 28km double lane highway for El Sillar, as well as tunnels and viaducts. This
    Read More
  • A road challenge for Zimbabwe
    November 8, 2023
    Construction work is finally underway for a major new highway link in Zimbabwe after many years of false starts.
    Read More
  • US$1.44 billion funding for Nigerian infrastructure
    June 6, 2024
    US$1.44 billion funding is being secured for Nigerian transport infrastructure works.
    Read More

Highlighted Content