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Dear Benjamin, indeed, it is a strong material widely used as principal structural elements in several regions of Colombia, South America. It is called "guadua" in my country. Most of the literature is in Spanish but you can find some information in the following links:
Universidad de los AndesStructural materialHousing against hurricanesAlso, we implement it as one of our activities in academia (course "Solid mechanics" in Universidad del Norte, Barranquilla):