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Latin Times
Latin Times
National
Clara Espinoza

Bolivia's Amazon Pivot: President Paz Bets Big on Pando With Historic Infrastructure Package

Rodrigo Paz Bolivia Amazon IDB Brazil
Bolivian President Rodrigo Paz speaks during a press conference at Palacio Quemado in La Paz. (Credit: Photo by AIZAR RALDES / AFP via Getty Images)

The Briefing

  • Bolivia's President Rodrigo Paz pledged Bs 5,600 million in central government investment for Pando during his first official visit to the department on October 11, 2026 — the largest funding commitment in the region's history.
  • The Inter-American Development Bank has approved a $204 million credit to connect Pando and Beni to Bolivia's national electricity grid, ending decades of costly diesel-powered generation.
  • Paz projected a trade corridor linking the region to Brazil and Peru's Pacific port of Chancay could generate between $5 billion and $7 billion in annual commerce — if a stalled 70-kilometer highway gets built.
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