The Peruvian government has announced that the US$182 million construction of a road to link Tacna (Peru) with La Paz (Bolivia), via Collpa, will begin in 2015. This new road will benefit more than 268,000 people living in the south of Peru.
May 13, 2014
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The Peruvian government has announced that the US$182 million construction of a road to link Tacna (Peru) with La Paz (Bolivia), via Collpa, will begin in 2015. This new road will benefit more than 268,000 people living in the south of Peru.
Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
The Ministry of Infrastructure has boosted its budget for 2016 to US$1.65 billion, an increase of $60.2 million over last year.
According to a report by La Prenza, road projects include renovation of around 69km of the Tegucigalpa-Catacamas route and continuation of the San Francisco de la Paz-Puerto Castilla road.
The ministry also said it will improve 80km of rural roads in indigenous areas and will undertake 332km of refurbishment on other roads.
Earlier this month, World Highways reported that
A new report suggests key strategies to cut road deaths and injuries in Latin America. The report was commissioned by Bloomberg Philanthropies and shows that more than 25,000 Latin American lives could be saved and over 170,000 serious injuries prevented by 2030 if United Nations (UN) vehicle safety regulations were applied by four key countries in the region—Argentina, Chile, Mexico and Brazil.
The report was prepared by the UK-based Transport Research Laboratory (TRL). The aim of the study was to estimat
