Skip to main content

Peru is planning massive infrastructure investment

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
July 12, 2013 Read time: 1 min
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 Longitudinal de la Sierra highway.

Related Content

  • Algeria is investing in more highway infrastructure
    August 21, 2013
    Algeria’s Public Works Ministry has announced it plans to build new expressway connections to the country’s East-West highway. These expressways will link the Algeria’s ports to the East-West highway, with the aim of reducing congestion and improving traffic flow. A US$373 million expressway measuring 30km long will link the port of Skikda with the East-West highway, with construction work due to start in September 2013. Larger still, a 111km highway will be built linking Djendjen port to Algeria’s East-Wes
  • Qatar to spend up to $100 billion on road and rail networks before FIFA World Cup
    February 29, 2012
    According to Business Monitor International (BMI), Qatar is expected to spend US$80-100 billion over the next five years to prepare and deliver the infrastructure required to support the huge influx of visitors forecast to attend the 2022 FIFA World Cup.
  • US highway bill finally receives approval by government
    September 27, 2012
    After a long series of delays, the US Government has finally managed to agree the latest highway reauthorisation bill. This comes after numerous short term extensions of the previous bill, due to political stalemate. The short term extensions were not sufficient to allow firms to invest and this situation stunted construction activity in the country. With the bill now in place, contractors will be able to look forward to some transport spending, and will likely increase spending on replacing old constructio
  • Strong interest in upcoming bC India show
    April 11, 2014
    The Indian construction market is bullish in the run up to the bC Indian show, being planned for December 15th to 18th, 2014. The event will be held in the India Expo Centre in Greater Noida, near capital Delhi and strong attendance is expected, especially since the country’s construction sector is seeing high demand for new equipment in response to a series of major new contracts and projects getting underway. One key investment is from the Airports Authority of India (AAI), for example, which is planning