FEPC President Juan Pablo Demeure emphasized the need to overcome decades of productive isolation through enhanced integration with national and international markets. He highlighted the importance of attracting investments by securing legal certainty and streamlining regulatory frameworks. Energy capacity is planned to increase by 12%, focusing on sustainable projects aligned with Bolivia’s shift towards cleaner energy sources. The strategy also includes generating 120,000 new formal jobs to bolster economic inclusion.
President Paz underscored the critical role of Cochabamba in leading Bolivia’s economic transformation, calling for unity across sectors to prevent disruptions to development efforts. The Ministry of Labor reinforced this collaborative approach by recognizing the interdependence of workers and entrepreneurs in driving progress.
The federal government’s initial 100 days demonstrate macroeconomic stabilization, including eliminating fuel subsidies, stabilizing the exchange rate, and reducing sovereign risk, which have improved investor sentiment and access to external financing. The private sector recognizes these steps as essential foundations but calls for continued structural reforms to address long-term challenges. Overall, Cochabamba’s integrated strategy signals a commitment to positioning the region as a strategic logistics hub and a driver of industrial and agro-export growth within Bolivia’s broader economic agenda.
This article was curated and published as part of our South American energy market coverage.
