On April 3rd, 2014, SINOHYDRO signed the contract of Ichilo-Ivirgarzama High-way Project with Bolivia Road Administration. The President of Bolivia Evo Morales attended the contract signing ceremony which was held in the town of Ivirgarzama, Cochabamba, Bolivia. Minister of Public Works Vladimir Sánchez, General Secretary of Bolivian Workers Confederation (COB) Juan Carlos, President of Bolivia Road Administration Antonio Mullisaca and local officials attended the event.

Ichilo-Ivirgarzama high-way project is located in the province of Cochabamba. The main work is to build an approximately 63.6 km double-way four-lane high-way. The project is due to complete within 30 months as soon as the construction commencement is formally announced. The project will greatly improve the transport capacity from Cochabamba to Santa Cruz, bringing convenience and development to the local residents.
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