IDB Supports Bolivia’s Highway Expansion
On Thursday, The Inter-American Development Bank (IDB) approved a $122 million loan to help expand and upgrade a 69.7 kilometer (43.3 mile) segment of Bolivia’s Santa Cruz-Cochabamba Highway. Developing the highway has been declared a national priority due to its high traffic volume of 9,000 vehicles per day. More than 20 percent of trucks using … Read more
UN Finds Drop in Bolivia’s Coca Cultivation
The production of coca leaves in Bolivia is down since last year, according to an annual United Nations Office of Drugs and Crime (UNODC) report published yesterday. The area used for cultivation of coca decreased 12 percent, from 31,000 hectares (76,600 acres) in 2010 to 27,000 hectares (66720 acres), the 2011 national coca monitoring survey … Read more