Power generation, telecommunications, mining, railroad, oil and gas, airline. Proceeds of the sale are to stay with the company, and to finance their modernization through new investment. Shares worth that amount will then temporarily be held in custody by a trust affiliate of Citibank. Those funds will then be collectively disbursed to all 3.2 million Bolivians over the age of 21 via vouchers that will be held by newChilean-style private pension fund management companies. If successful, the program may emerge as a new landmark of privatization in low-income countries.
Bolivia has yet to set up the necessary legal environment governing the new private pension funds.
Implementation barriers to the distribution of the vouchers to Bolivia's largely rural population are considered formidable.