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To: Tim Davies who wrote (14017)10/13/1998 12:38:00 PM
From: CIMA  Read Replies (1) | Respond to of 34075
 
SNC Allocates US$15mn for Road Maintenance - Bolivia

October 13, 1998

Bolivia's national highway authority SNC will allocate US$15mn per year
from toll gate takings to maintain 40 highways throughout Bolivia, SNC
director Carlos Klinsky said.

Klinsky added that the Treasury should contribute a further US$4-5mn,
bringing the total for highway maintenance to US$20mn.

Source: El Diario, Bolivia

Govt. to Complete Corbija Airport for US$1.5mn - Bolivia

October 13, 1998

Bolivia's government will spend US$1.5mn in complementary works at the
Cobija airport terminal, according to transport, communications and
civil aviation minister Ramon Prada Vacadiez.

The works include access roads' construction and surfacing, plus the
installation of security fences and a platform for vehicles.

Vacadiez added that the airport would improve communication and
transport in the department of Pando, where there are no highway
connections between towns.

Source: El Diario, Bolivia



To: Tim Davies who wrote (14017)10/13/1998 7:15:00 PM
From: CIMA  Read Replies (2) | Respond to of 34075
 
CIMA FUND UPDATE:

The group arrived in La Paz this morning at 8:00 AM (EST I believe). After getting settled they had a Bolivian cuisine lunch and, as Steve Weathers commented, had their first coca leaf tea. They attend a presentation by Giovanni Viscarra tonight. I assume it may introduce the general geological background for both the newly acquired Challana property for SUNR and GE's Cangalli property (Giovanni was the geologist before Guido) but I don't know for sure. All I know is that he is very knowledgable on both. They leave for the jungle at 9:00 AM tomorrow. Apparently this road trip tomorrow turns boys and girls into men and women...