US$223 million loan for Bolivian road works

A US$223 million loan will pay for Bolivian road works.
Finance & Funding / December 26, 2023 35 seconds Read
By MJ Woof
Work will be carried out to a key route in Bolivia, improving the road linking with Hito LX on the border with Chile – image courtesy of © Luca Roggero | Dreamstime.com

A loan worth US$223.4 million will pay for a new road project in Bolivia. The loan is being provided by the development bank of Latin America CAF. This will pay for work to three sections of the route, which runs between Uyuni and Hito LX. The work to the 120km route will be managed by Bolivia’s road management firm, ABC.

As Hito LX is on the border with neighbouring Chile, the improvements to the road route with the city of Uyuni will also deliver an important boost to landlocked Bolivia’s international transport connections.

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