Bolivia authorises Ecebol new plant spend

Bolivia authorises Ecebol new plant spend
18 September 2013

The government of Bolivia has authorised the release of US$244,928,439 to Empresa Pública Cementos Boliviana (Ecebol) for the implementation, operation and commissioning of a cement works in Oruro.

The Banco de Desarrollo Productivo is making the resources available in the form of a 20-year credit with three years grace. The loan will have a fixed annual interest of one per cent with annual repayments.

No project deadlines or a specific construction site has been established for the Plata de Cemento de Oruro project.

Published under Cement News