Bolivia’s government has introduced an investor‑friendly bill aimed at reviving its ailing hydrocarbons sector. The legislation proposes to cap the portion of gas revenues that the state revenue can retain, a move designed to make the market more attractive to foreign capital. Officials hope the change will unlock funding for aging fields and stimulate production growth in the near term for investors.

The proposal arrives after years of declining output and mounting infrastructure decay, which have left Bolivia’s gas fields under‑invested. By limiting state take, the bill seeks to improve project economics for multinational firms that have been wary of the country’s fiscal regime. Analysts view the shift as a bid to attract the kind of long‑term capital needed for field redevelopment.

If investors respond positively, the legislation could translate into multi‑billion‑dollar contracts and a rebound in export volumes, bolstering government coffers without raising the tax burden. Critics warn that reduced revenue may strain public finances, but supporters argue that higher production will ultimately offset the concession. The bill now heads to parliament for a vote that will decide its fate soon.