Back

LatinNews Daily - 12 January 2022

In brief: Chinese firm to build energy plant for Bolivia’s steel industry

* China’s state news agency Xinhua has revealed that Chinese firm Sinohydro Bureau will build a gas-powered energy plant in Bolivia’s eastern Santa Cruz department. This will power a steel mill which is expected to produce 194,000 tonnes of steel per year. According to the commerce department of Qinghai, where the Chinese company is headquartered, this will reduce Bolivia’s foreign exchange expenses for steel imports by nearly half.

End of preview - This article contains approximately 68 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.