Bolivian government announced the creation of a 100 million dollars fund for four state businesses in the Amazon. for a lumber company, tropical frutes, and rubber. The government’s hope is that, with these new businesses the people in the north of Bolivia will have more opportunities to work and earn higher wages.
Indigenous peoples organizations emphasize that the government did not consult with them on various oil explorations. Because they were not consulted, there is no established forum for their complaints.
State-owned oil company Petroperu said Sunday protests organized by Indians in Peru’s Amazon region were causing fuel shortages in several jungle cities.
By means of this bulletin, the BICECA project of Bank Information Center, seeks to bring news and relevant current information about particular aspects of projects and policies related with the Initiative for the Integration of Regional Infrastructure in South America (IIRSA). This publication is addressed to a diverse public of civil society organizations, native groups, students, academics and other people or entities that follows the different policies and projects of international financial institutions related the IIRSA project.
IDB Loan Approval Set for early 2009: The $200 million road project in Putumayo, Colombia is an anchor project for the IIRSA Amazonas Corridor and will unlock commercial traffic between the ports of Tumaco and Belem, as well as between Bogota and Quito.