Bolivia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)

The Construction in Bolivia - Country Briefing (H1 2025) report provides detailed market analysis, information and insights into the Bolivian construction industry, including:

• The Bolivian construction industry's growth prospects by market, project type and construction activity
• Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Bolivian construction industry
• Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Bolivia’s construction industry is expected to register annual growth of 3% in real terms in 2025, driven by investments in transport infrastructure, housing, and telecommunications, coupled with the government's focus on expanding lithium extraction and processing. In November 2024, to harness its vast lithium reserve, the government (through Yacimientos de Litio Bolivianos (YLB)) signed a BOB6.9 billion ($1 billion) agreement with Hong Kong CBC Investment - a subsidiary of Contemporary Amperex Technology Co., Limited (CATL) - to construct two lithium carbonate plants in the Uyuni salt flats, with a combined annual production capacity of 35,000mt(t). Similarly, in September 2024, YLB signed a BOB6.7 billion ($970 million) deal with Russia's Uranium One Group to build a direct lithium extraction (DLE) facility over an area spanning 10.5 billion m2 in the country’s vast Salar de Uyuni.

Over the remainder of the forecast period, between 2026 and 2029, the construction industry is expected to record average annual growth of 4.1% in real terms, supported by investments in the mining sector, and the government’s aim to turn the nation into the “lithium capital of the world”, aiming to account for 40% of global lithium supply by 2030, coupled with investment in transport infrastructure development. In September 2024, the Minister of Public Works announced a significant investment of BOB1.4 billion ($208.4 million) to develop road infrastructure, housing and improve telecommunications in Cochabamba. Of the total investment, some of the key road projects include BOB238 million ($34.4 million) of eight-lane road from the Chimoré bridge to Senda III, the Old Double Road from Villa Tunari to Montero, which will connect Cochabamba and Santa Cruz and BOB48 million ($6.9 million) of the road project from Sacaba to Chiñata, along with the technical design for the Chimoré bridge.

Scope

This report provides a comprehensive analysis of the construction industry in Bolivia. It provides:

• Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Bolivia, featuring details of key growth drivers.
• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
• Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
• Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

• Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
• Assess market growth potential at a micro-level with over 600 time-series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies using the analyst's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors