Day: Mar 6, 2020

$1.2 bn project to build a lithium plant in Uyuni progresses

A national project to build the lithium plant in Potosi foresees an investment of $1.2 billion; it is a high technology complex in the Salar de Uyuni, the main product will be lithium-ion batteries. Yesterday arrived the loading of pipes, parts and materials that will serve in the construction of the structure of the plant to the port of Iquique.

Bolivia would receive $6 bn per new addendum to the contract with Brazil

With the eighth addendum to the contract for the purchase and sale of natural gas to Brazil the state would receive about $ 6 billion during the four years of the agreement, the remaining volume is a trillion cubic feet (TCF), reported the consulting firm Gas Energy Latin America (GELA). The signing of the agreement between Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) and Petrobras will take place today in the city of Santa Cruz.

Bolivian exports grew by 9% in January

Bolivian exports reached $751 million, 9% more than the value registered in the same month in 2019; while the volume exported experienced a growth of 27%, according to data from the Bolivian Institute of Foreign Trade (IBCE). The highest increase was in the milk, sugar and cocoa sectors.

Construction of Wastewater Treatment Plant in El Alto will cost $14.8 mn

The construction project of the Tacachira Wastewater Treatment Plant, in the 7th district of El Alto, will have an investment of Bs. 103.1 million ($14.8 mn), of which CAF finances bs 78.9 million ($11.37 mn), the participation of the Municipal Government of El Alto will be of Bs 23 million ($3.3 mn), and the state water company EPSAS will contribute Bs1.2 million ($172,414).

Exports of non-traditional products accounted for 17 % of total foreign sales

In January, exports of non-traditional products represented 17% of total sales abroad, and traditional products maintain a high percentage of 83%, according to information presented by the Bolivian Institute of Foreign Trade (IBCE). Soybeans and derivatives fell in volume and value (-4% and -8%), as did Brazil nuts (-13% and -29%), and quinoa (-19% and -23%), among others. The situation of the Bolivian export does not change, because the percentage of participation of the traditional products against the non-traditional ones is maintained.