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

  • New Zealand’s US$20 billion transport development programme
    September 12, 2024
    New Zealand is setting a budget of US$20 billion for its transport development programme.
  • Building Georgia’s transport connections to its neighbours
    October 26, 2016
    Georgia’s government aspires to turn the country into a regional transport-transit hub, and with renovated and expanded transportation infrastructure it knows that the country can offer significant opportunities to others in the region, and globally – Gordon Feller writes The Caucasus Transit Corridor (CTC) is the key transit-route between Western Europe and Central Asia for oil and gas, as well as dry cargo. CTC is part of TRACECA (TRAnsport Corridor Europe to Central Asia). This is the shortest route
  • Ethiopia races on with projects
    June 13, 2012
    Ethiopia is pursuing a 10-year $2.4 billion development plan, part of which are ambitious road developments. Shem Oirere reports Ethiopia is hastening its pace towards accessing a share of the East Africa commodity market and opening itself up for foreign investment through the implementation of an ambitious road development strategy, the Road Sector Development Programme (RSDP). The landlocked nation has convinced a number of international lenders of the viability of RSDP, with some of them now loosening
  • Uganda road projects funding sought
    February 6, 2017
    The Ugandan Government has unveiled plans to improve its road connections with its northern neighbour South Sudan. To fund the construction project, the Ugandan Government has been seeking a loan worth US$210 million from the Islamic Development Bank (IDB). The terms of the loan arrangements have yet to be revealed however. The aim of the project is to improve the road link running through Rwekunye, Apac, Lira and Acholibur. Better transport links form part of a much wider programme of integration between E