Peru plans projects

A huge investment in infrastructure is planned for Peru as part of its programme to boost connectivity internally and with its near neighbours.
March 1, 2012 Read time: 1 min
A huge investment in infrastructure is planned for Peru as part of its programme to boost connectivity internally and with its near neighbours. Some US$5.64 billion is planned for investment in transport infrastructure in the country of which $3.42 billion, by far the biggest single chunk, will be aimed at highway concession projects. A further $1.6 billion will be for airport upgrades and $1.06 billion for port projects, although new and improved road connections will also form a part of spending for those sectors also.

Related Content

  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More
  • Funding for Tasmania road upgrades
    January 30, 2017
    Funding is required to pay for a series of road upgrades in Australia’s Tasmania State. According to the Australian motoring group, Royal Automobile Club of Tasmania (RATC), some US$1.06 billion (S$1.4 billion) is required for the work. RATC has asked the Tasmania State Government to provide the funds necessary for the work. Key projects include replacing the Bridgewater Bridge and upgrading the Midland Highway. These projects will cost $454.3 million (A$600 million) and $302.86 million (A$400 million) resp
    Read More
  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More
  • Peru is planning massive infrastructure investment
    July 12, 2013
    Massive plans for infrastructure investment have been revealed in Peru. The country’s transportation and communications ministry, MTC, intends to invest some US$20 billion in infrastructure by 2016. Public private partnerships will be used to develop many of the planned projects. Transport infrastructure figures heavily in the plans, with spending on highways, the Chinchero-Cuzco airport and Callao’s Jorge Chávez airport, and additions to Lima’s metro network. One of the key road projects will be for the Lo
    Read More

Highlighted Content