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Bolivian President Highlights Progress in Country’s Industrialization

La Paz, Nov 8 (Prensa Latina) As he enters his fifth year as president of Bolivia, Luis Arce today praised the progress his administration has achieved on the path to industrialization for the benefit of all the people.

“We are moving forward on the path to a truly industrialized Bolivia, with employment, production and an economy that benefits all Bolivians,” said Arce in a report on the four-year period of his tenure, presented in Plaza Murillo, the country’s political epicenter, before representatives of social organizations.

The president explained that to reach industrialization more than 170 large-scale plants throughout the national territory have been erected, adding that only three of them date back before his government, while all the others were started under his administration.

He cited the projects for lithium processing and industrialization factories, the Mutún steel plant, the basic chemical plant and the pharmaceutical industry, considering them as strategic and of vital importance for the future of Bolivia.

He also included the production of biodiesel and the zinc processing plant, in addition to dozens of industrial plants for processing and transforming food, perishable products, meat derivatives, bioinputs and industrialization of coca leaves.

“Our vision is clear, the industrialization of Bolivia. This policy, proposed from the beginning in our Government plan – Arce said – is not just a promise, it is the route towards the structural transformation of our economy.”

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