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Bolivia, a great destination for natural gas, tourism and lithium industries



With its market of + 11 millions of consumers, the dynamic of development is steadily interesting in Bolivia, now the second largest natural gas reserves in South America. The government held a binding referendum in 2005 on the Hydrocarbon Law.
The US Geological Service estimates that Bolivia has 5.4 million cubic tonnes of lithium, which represent 50%–70% of world reserves. Sustainable extraction of lithium is attempted by the government.

Since 1985, the government of Bolivia has implemented a far-reaching program of macroeconomic stabilization and structural reform aimed at maintaining price stability, creating conditions for sustained growth, and alleviating scarcity. A major reform of the customs service has significantly improved transparency in this area. Parallel legislative reforms have locked into place market-liberal policies, especially in the hydrocarbon and telecommunication sectors, that have encouraged private investment. Foreign investors are accorded national treatment. 


The income from tourism has become increasingly important.
Boliviana de Aviación (BoA) is a state-owned company and the country's largest airline.
The three largest, and main international airports in Bolivia are El Alto International Airport in La Paz, Viru Viru International Airport in Santa Cruz, and Jorge Wilstermann International Airport in Cochabamba.
Bolivia owns a communications satellite which was offshored/outsourced and launched by China named Túpac Katari 1. In 2015, it was announced that electrical power advancements include a planned $300 million nuclear reactor developed by the Russian nuclear company Rosatom.


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