Bolivia Secures CAF Loans

CAF has approved a $250m credit to Bolivia to fund a social and economic infrastructure program in marginalized areas of the country. The program features investments in the agricultural and hydro resources sectors. Additionally, the multilateral approved a $43.9m loan for the electrical interconnection project of the city of Tarija, a project to be executed by Bolivia’s Empresa Nacional de Electricidad (ENDE). The project includes construction of a 245km electric transmission line, expected to transport up to 230kw of electric power to the city, as well as a fiber optic network between Potosi and Tarija. Pricing and other terms on the loans were not disclosed.