Spanish bridge to be built in Bolivia
Construction on a Spanish bridge across the Bolivian border has begun.
The building of the bridge will be the first of its kind in Latin America.
The work is part of the Bolívar region’s economic recovery and economic development, which began with the Boláns’ entry into the European Union in 2014.
The bridge, the first under construction in Bolivia, will connect the Spanish port of San Pedro to the Bolivan capital of La Paz.
The project is being financed by the Bolivia-Madrid Fund, and the construction of the structure has been underway since 2016.
The Bolivians are one of the top recipients of Spanish investment in the region.
The country’s infrastructure is still largely Spanish-owned.
However, in 2016, the Spanish government began selling off a significant chunk of its Spanish holdings, including several oilfields, in order to pay for a large-scale infrastructure project that has already been funded by Spanish taxpayers.
Spanish officials have also pledged to make up for the lost revenues by raising taxes on imports from other countries, which are seen as a key source of financing for the Bolvian government.
According to Bolivia’s Chamber of Deputies, the project was approved in October 2018 and was officially opened to the public in March 2019.
It will cost approximately 2.6 billion bolivars ($3.6 million), and will be completed by 2029.