Bolivia Receives Financing to Proceed towards Brazil-Peru Rail Corridor

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.

RelatedArticles

Three Key Moments to Remind Us That the UN Is a Nest of Oppressive Regimes

January 29, 2021

Argentina Drags Chile in its Bipolar Madness Over Venezuela

January 28, 2021

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.

Source: LaInformación.com.