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Peru's housing, construction and sanitation ministry (MVCS) filed a 220mn-sol (US$78.7mn) project in the national public investment system (SNIP) for the expansion of Lima's BRT high capacity segregated corridor (Cosac) in the Carabayllo district.
The project, which is still in the feasibility study phase, includes expanding the northern Cosac I route from the Naranjal station until Avenida Chimpu Ocllo, in the Comas and Carabayllo districts.
The area's current transportation is inadequate and the project is set to increase the number of users by 15%, benefitting 700,363 people.
Lima transport authority ProTransporte will be in charge of carrying out the project, with funding for the construction to come from multilateral banks and future maintenance works to be funded by the income generated from its commercial operation.
The definitive studies are set to be carried out in 2014, with works beginning in 2015.
For more details on the project, in Spanish, follow this link