Bolvian Government boosting highway spending for key projects

The Bolivian Government will spend some US$123 million during 2015 on a series of highway projects. The work will be carried out in the country’s eastern lowland Tarija Department, reports Business News Americas. Work commenced in 2014 on three highways in Tarija Department. These are the 66km Entre Ríos-Palos Blancos route, which is costing $83.4 million; the 45km Villamontes-Palo Marcado route costing $39 million; the 30km Río Isiri-La Central $32 million. The work is important to the country’s economy as
Finance & Funding / April 29, 2015
The Bolivian Government will spend some US$123 million during 2015 on a series of highway projects. The work will be carried out in the country’s eastern lowland Tarija Department, reports Business News Americas. Work commenced in 2014 on three highways in Tarija Department. These are the 66km Entre Ríos-Palos Blancos route, which is costing $83.4 million; the 45km Villamontes-Palo Marcado route costing $39 million; the 30km Río Isiri-La Central $32 million. The work is important to the country’s economy as Tarija Department is the centre of Bolivia’s oil and gas deposits.

Work on the Gran Chaco-Tarija highway project has been delayed due to disagreements between Bolivia’s central government and the regional government of Tarija however.
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