The project consists of the doubling of the single carriageway road between Confital and Bombeo (44.6 km). The project is a section of the Caracollo-Colomi road in the Cochabamba department some 250 km southeast of the country's capital La Paz. The project is part of the East-West Corridor between Brazil and Chile included in the Initiative for the Integration of the Regional Infrastructure of South America (IIRSA) strategic plan to reinforce economic integration and development in South America. The Confital-Bombeo section is part of the Caracollo-Colomi 2x2 road (doble via) and is considered a national priority by Bolivia's national road authority and is part of their strategic road plan. The project will improve access to neighbouring countries and is expected to increase and diversify Bolivian exports. Traffic levels should be moderate albeit with high induction potential given the low standards of the existing link and the high share of heavy traffic. The economic profitability should be good if final investment costs do not deviate significantly from current estimates. The promoter has shown adequate capacity to manage and implement relatively large road projects. An environmental and social (E&S) impact assessment with public consultation has been done according to Bolivian national legislation. The Bank will investigate E&S aspects and verify that the promoter has followed the relevant EU environmental and social principles, standards and practices.

This operation is covered by the EU Guarantee for EIB loans outside the EU. The investment amount's original value is EUR 76 million.

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