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 Andes
Structural material
Housing against hurricanes
Also, we implement it as one of our activities in academia (course "Solid mechanics" in Universidad del Norte, Barranquilla):
Regards,
------------------------------
Andres Guzman Ing., M.ASCE
Associate Professor
UNIVERSIDAD DEL NORTE
Barranquilla
------------------------------