Phoenix Tower International
Tuesday, July 16, 2019

Bolivia seeks to end its Mediterranean condition through Peru

The next enabling of its connection with the submarine cables of the Pacific is the first step. The use of the Peruvian port of Ilo and the bioceanic train project are also advancing. China sounds like one of the investors interested in the construction of the railway section, which would link the Brazilian coast with the Peruvian coast by 2030, with an estimated investment of US$14 billion. Meanwhile, state-owned Entel Bolivia is venturing into the supply of services in southern Peru.

The strengthening of the relations between Bolivia and Peru was clearly visible in the Fourth Meeting of the Binational Ministerial Cabinet, held some months ago, where progress was made in integration projects between both countries. The main interest of Bolivia is to find a solution to its landlocked condition, for which it promotes three projects of which one is almost complete (fiber optic connection with the submarine cables that reach Peru); another one that is in its early stages (use of the Peruvian port of Ilo as a basis for international trade), and that related to the bioceanic train (which is still in negotiation stage with interested countries).

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