Consorcio Cementero and others v. Bolivia Consorcio Cementero del Sur S.A., Yura Inversiones Bolivia S.A., Grupo de Inversiones Gloria Bolivia S.A., Sociedad Boliviana de Cemento S.A. v. Plurinational State of Bolivia (PCA Case No. 2020-47)
Bolivia, Plurinational State of
Majority shareholding in Sociedad Boliviana de Cementos (“Soboce”), which held a 33.34% share in Fábrica Nacional de Cemento S.A. (“Fancesa”).
Claims arising out of a Government decree in 2010 nationalizing Soboce’s shareholding of 33.34 per cent in Fancesa, a national cement company.
Secondary: C - Manufacturing
23 - Manufacture of other non-metallic mineral products
PCA (Permanent Court of Arbitration)
Fernández Arroyo, D. P.
Garibaldi, O. M.
Viñuales, J. E.
Decided in favour of State
Award on Jurisdiction dated 27 November 2023
269.40 mln USD
Data not available
Data not available
None - jurisdiction declined