Skip to main content

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

  • Indonesia plans $490 billion infrastructure spend over the next five years
    October 8, 2014
    According to the government of Indonesia, US$490.7 billion (IDR 6,000 trillion) will be needed in the next five years for a series of major infrastructure projects across the country including roads, bridges, power plants, ports and airports. The government hopes that investment projects like these will boost its economic growth rate to 7% per annum versus 5% this year. This latest announcement follows on from an Indonesian government report last November, which unveiled plans to invest $35 billion in new
  • Peru is planning major infrastructure expansion
    August 13, 2013
    Peruvian plans for infrastructure projects will see up to US$10.7 billion worth of concessions being awarded during 2013. This contrasts strongly with the $700 million awarded in 2012. One of the main highway projects is for the $552 million Longitudinal de la Sierra route. This will be put out to tender in the fourth quarter of the year according to Peru’s state investment promotion agency, ProInversión. Other key concessions being put out to tender in the fourth quarter are the $556 million Chinchero Airp
  • Peru US$6.4 billion highway proposal
    August 23, 2024
    Peru is proposing a US$6.4 billion highway project, while a $3.4 billion ring road is planned for capital Lima.
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.