Peru plan for transport upgrades

Peru has set a transport budget for 2019 that focuses on key projects. The country’s Ministry of Transport and Communications (MTC) is setting close to half of its US$3.74 billion budget for 2019 to upgrading the highway connecting Huánuco with Conococha as well as developing the Lima Metro system. Other projects being prioritised in Peru include building the Bellavista to Mazan road and improving the road connecting Checca with Mazocruz. Peru’s transport infrastructure budget for 2019 will be around twice
October 12, 2018 Read time: 1 min

Peru has set a transport budget for 2019 that focuses on key projects. The country’s Ministry of Transport and Communications (MTC) is setting close to half of its US$3.74 billion budget for 2019 to upgrading the highway connecting Huánuco with Conococha as well as developing the Lima Metro system. Other projects being prioritised in Peru include building the Bellavista to Mazan road and improving the road connecting Checca with Mazocruz. Peru’s transport infrastructure budget for 2019 will be around twice that for 2018.

Finance & Funding

Related Content

  • New Silvertown Tunnel under River Thames in London
    May 11, 2018
    Transport for London (TfL) has been granted a Development Consent Order (DCO) by the Department for Transport (DfT) for the Silvertown Tunnel. This new twin-bore road tunnel will run under the River Thames in East London. The DCO is the formal process giving the green light to any development categorised as a Nationally Significant Infrastructure Project (NSIP). The tunnel is set to open in 2023 and is intended to help reduce the chronic congestion at the existing Blackwall Tunnel. The project will also he
    Read More
  • Kuwait is setting out plans for road development projects
    November 2, 2017
    The Kuwaiti Government is setting out an ambitious programme of road infrastructure development. The authorities have set a budget of US$13.25 billion which will be spent on 24 new road projects. The ministry of public works is already developing Kuwait’s infrastructure system and currently has 25 road and bridge projects being built. These current projects have a total value of $8.58 billion.
    Read More
  • Vietnam sets highway plan in action
    February 16, 2012
    Road upgrades and improvements are crucial to improve infrastructure in Vietnam, according to the country's Directorate for Roads.
    Read More
  • Huge investment for Vietnam transport
    August 6, 2012
    The authorities in Vietnam have identified the need for major investment in road infrastructure in Ho Chi Minh City. To bring the city’s transport infrastructure up to the necessary standard, some US$4 billion will be required/year over the next 10 years, according to local officials.
    Read More

Highlighted Content