Bolivia Receives Financing to Proceed towards Brazil-Peru Rail Corridor

4

EspañolThe Inter-American Development Bank (BID) announced yesterday a loan to the Bolivian government, to carry out a feasibility study for the construction of a Central Rail Corridor, connecting Brazil, Bolivia, and Peru.

The credit amounts to US$6.8 million, for Spanish, French, and Bolivian companies to determine the possibility of a connection between the East and West Bolivian railway networks, and a Railway Technical Unit. The program coincides with the objectives of the BID to promote the competitive integration at a regional and global level.

The studies will include analysis of economic, social, environmental, and strategic concerns. This is the first time that a rail corridor project under the authority of one nation has the support of the BID. In order to build the Aconcagua Bi-Oceanic Corridor between Chile and Argentina, for example, studies were performed independently by the private sector.

Subscribe to our daily newsletter

Source: LaInformación.com.

Subscribe to our daily newsletter
Sign up here to get the latest news, updates and special reports delivered directly to your inbox.
You can unsubscribe at any time

Get free promotions for your business!

x

Get free promotions for your business!

For a limited time we are giving away a week of unlimited free promotions for your organization. Our new LiveMarket Special Offers, Dining Deals, & Events reach over 30,000 local readers. Click below to get started.

Get Free Promo