Financing has been secured for a series of Bolivian road projects.
A loan will help pay for road works in Bolivia – image courtesy of © Sjankauskas, Dreamstime.com
Construction work for 10 road projects in Bolivia will be paid for through a US$218 million loan. This funding package has been provided by the Development Bank of Latin America (CAF).
Work on roads in El Sillar, the BN03 Yucumo-San Ignacio-Monte Grande del Apere road and the El Alto-Viacha-Tramo II Viacha Progresiva 5.1 road. Will be paid for by the loan. In addition, the loan will pay for maintenance and improvements to roads from Confital to Bombeo, Yacuiba to Campo Pajoso (phase I), Avenida Petrolera to Angostura, Ivirgarzama to Puente Mariposas and Villamonte to La Vertiente and Palo Marcado.
Bolivia's economy will benefit from new road projects that will boost transportation.
