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Bolivia and China Negotiate Infrastructure Loan

By Federico Mazzella ,
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The loan would be for US$7.5 billion and would be used to finance integration infrastructure.

In October 2015, the vice president of Bolivia (in Spanish), Alvaro García Linera, concluded his visit to China, during which negotiations for a US$7.5 billion loan began. China would grant Bolivia this loan for investment in road, railway, and electric power infrastructure projects. These projects consist of:

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These loans will not be negotiated as a lump sum, but will be requested from Eximbank on a project-by-project basis and will be supplied by Chinese companies, once the corresponding procedures and interest rates have been approved.

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