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Latin American Economy & Business - September 2018 (ISSN 1741-7430)

Bolivia: The rise of the high-rise: construction and real estate trends

As airplanes prepare to land at El Alto airport, passengers stare in awe at a colourful cluster of apartment blocks, amidst an ocean of dirt roads and adobe houses. Made up of seven twelve-story towers, Condominio Wiphala was officially inaugurated by President Evo Morales in February 2016. This landmark social housing project was the first of its kind in El Alto, a sprawling city which lies next to La Paz, Bolivia’s administrative capital. Adorned with enormous murals designed by Mamani Mamani, a renowned local artist, the project has also become a tourist attraction of sorts.

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