CAF will reach 35% green financing in 2024
November 19, 2024
August 16, 2011
CAF supported this road project as it was needed to connect up two major mining districts where there is currently considerable activity and to facilitate the provision of a rapid, efficient transportation system for the inhabitants of the region.
Emilio Uquillas, CAF’s director in Bolivia, explained that this road, which is nearly 42 kilometers long, will contribute significantly to improving the economic and social structure of the towns and villages in the region, which have high levels of poverty compared to the rest of the country.
This road, which is the second stretch of a highway called the Jaime Mendoza Diagonal Main Route, is of regional, national, and even international importance as it communicates the city of Oruro with major towns in the north of Potosí and from there with the city of Sucre and Hito Villazón (on the border with Paraguay).
Huanuni and Llallagua are mining districts that have made a considerable contribution to the country’s economy for more than a century. Today, Huanuni is the home of a major state-owned mining company where more than 5,000 miners who are dependent on the Corporación Minera de Bolivia (Comibol) operate.
November 19, 2024
November 19, 2024
November 19, 2024