Skip to main content

Lima needs roads’ investment to help bridge claimed US$50bn infrastructure gap

Peru’s capital Lima faces a huge US$50 billion gap in its highways and other infrastructure, according to an official from the Lima metropolitan municipality (MML). "According to the studies that we have carried out, Lima needs to invest US$50bn in infrastructure to ensure growth and to continue to attract investments," Arturo Delgado, MML's urban project advisor, was quoted as saying by local daily La República. Delgado stressed in the same article that investments should go towards constructing new road
June 23, 2014 Read time: 2 mins
Peru’s capital Lima faces a huge US$50 billion gap in its highways and other infrastructure, according to an official from the Lima metropolitan municipality (MML).

"According to the studies that we have carried out, Lima needs to invest US$50bn in infrastructure to ensure growth and to continue to attract investments," Arturo Delgado, MML's urban project advisor, was quoted as saying by local daily La República.

Delgado stressed in the same article that investments should go towards constructing new roads and highways, as well as repairing those in poor condition.

Currently MML has 246 urban development projects in its portfolio, to be completed by 2035.

One of Lima's biggest infrastructure initiatives is the metro project, which when completed will include six lines with over 130km of underground tunnels.

Other projects include the Costa Verde highway to connect Lima with neighbouring Callao.

Related Content

  • Helsinki's tunnel project
    April 11, 2012
    A novel approach to utilities installation will lengthen the life of Helsinki's streets, reports Mike Woof A major utilities project in Finnish capital Helsinki will offer huge benefits for the city's streets and traffic flow rates in years to come. A new tunnel system is being excavated under Helsinki for the power company Helsingin Energia, although this will be co-owned by the city. Called the Common Utility Tunnel (Meilahti-Pasilak-Käpylä LU2), the excavations form an extensive network spreading out un
  • Helsinki's tunnel project
    May 9, 2012
    A novel approach to utilities installation will lengthen the life of Helsinki's streets, reports Mike Woof. A major utilities project in Finnish capital Helsinki will offer huge benefits for the city's streets and traffic flow rates in years to come. A new tunnel system is being excavated under Helsinki for the power company Helsingin Energia, although this will be co-owned by the city. Called the Common Utility Tunnel (Meilahti-Pasilak-Käpylä LU2), the excavations form an extensive network spreading out un
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to