The country's transport and communications budget next year will focus on the Lima metro and key highland roads.
The project aims for the decentralization of the IT industry from Montevideo and its promotion and development in the countryside and interior cities.
Brazil's far-right candidate Jair Bolsonaro will seek technical support from developed countries with the aim of adding value to local mineral production.
The project would add a section to the Vespucio Norte highway that would link the highways leading to the country's two main port cities.
Brazil's development bank BNDES will provide financing to the winners of the highway complex.
One of the firms behind the US$500mn Enapac desalination project in Chile explained who will benefit from the new multipurpose facility.
A BNamericas report looks into the challenges and opportunities facing the region's air transport sector.