The workers of the Empresa de Luz y Fuerza Eléctrica Cochabamba (Elfec) estimate that the payment of the fair price for the company's shares amounts to 140 million dollars, while the return of the shares and their profits would represent 300 million dollars.
Of the 650,000 productive units that are part of the Confederation of SMEs (Conamype), only 5 per cent resumed their activities after the mandatory strike related to the coronavirus pandemic. About 32,500 companies belong to the food sector and, on a smaller scale, to the textile sector, which had resumed its operations focusing on the production of chinstraps and biosafety clothing, but the smuggling of this type of product forced a new stoppage. This situation led to the declaration of bankruptcy of at least 450 thousand productive units throughout the country.
Uncertain is the future of the leading public industrial projects with works such as the urea plant, the Gran Chaco liquid separator plant, the mini LNG plant, and the tube factory, which are half operated or paralyzed.
The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has announced the launch of the $500 billion Covid-19 Economic Relief Fund (FACE) for economic recovery in middle-income countries.
Germany is a market of ample opportunities for Bolivia's exportable supply. Last year the export volume of Bolivian nuts to Germany reached 3,447 tons, with a value of 20.8 million euros. The export of quinoa reached 7.2 million euros, and chia seeds amounted to 2.1 million euros. In the case of tin, sales amounted to 700,000 euros. Bolivian purchases to the German market amounted to 144.7 million Euros in capital goods.
The Government informed the Spanish company, Joca Molinari, that there are no more resources for the Cochabamba metropolitan train, and that external financing will seek to continue with the project. A debt of more than Bs 300 million ($43 mn) carries forward. The project demands a total of $447 million, of which three quarters has already paid. Government seeks external financing.
The cement company Sociedad Boliviana de Cemento (Soboce) maintains its investment plans, which include more than Bs 180 million. Soboce has its cement industries in Viacha (La Paz), Warnes (Santa Cruz) and El Puente (Tarija) with a total production capacity of 2.9 million tons per year.
The forest fires, which persist in Copaibo, Chirimoya, El Ticho and Cabeza de Toro, belonging to the municipalities of Concepción and San Ignacio de Velasco, are mitigated by approximately 300 forest firefighters, volunteers, members of law enforcement institutions and technical personnel from different state agencies.
The national government informed that the meat processing companies Frigor, Fridosa and BFC are authorized to export Bolivian beef to countries of the Eurasian Union. The national bovine meat has the brand called Bolivian Natural Beef, which increases the quality of the product for export.
According to the Sustainability Report presented, in the 2019 administration the San Cristobal Mining Company (MSC) had a production of 447 thousand tons of zinc-silver concentrate and 82 thousand tons of lead-silver concentrate, a total of 7.7% less than in 2018. At the national level, MSC paid taxes in the amount of 230.5 million dollars, corresponding to the 2018 management, as well as advance tax payments in the amount of 115.6 million dollars, corresponding to 2019. The royalties paid to the department of Potosí in 2019 amounted to $40.1 million (85%), and $7.1 million royalties destined only to the municipality of Colcha K.