Peru boosting investments in central Andean infrastructure

Thursday, December 7, 2017

Peru's government plans new roads, schools and an airport upgrade in the central highlands, part of President Pedro Pablo Kuczynski's bid to modernize the country's infrastructure.

Projects include extending the runway at Jauja airport and construction of access roads to the central Andean highway, as well as the 9 de Julio school in Concepción province, Junín region, Kuczynski said during an inspection of construction work on the 247mn-sol (US$80mn) IREN cancer hospital in Concepción. The 136-bed hospital is 63%-finished, according to the president's office.

Start your 15 day free trial now!


Already a subscriber? Please, login

"We need the central highway to have four routes. Then we'll extend the runway at Jauja airport another 300m, which will make it possible to bring more tourism," Kuczynski said in a statement. "This will boost Junín. We've very aware of what is needed here."

Junín, which is home to copper and zinc mines and the La Oroya smelter, is also a major agricultural supplier for Lima.

Kuczynski, who met with infrastructure investors at the APEC summit in Vietnam last month, seeks to accelerate US$25bn in infrastructure concessions.

In other infrastructure news, the government has allocated 260mn soles to road infrastructure in Lima districts near the future line No. 2 of the metro, the transport and communications ministry said in a statement.

The ministry has financed 54 projects in 11 districts of the capital to ease traffic around the ongoing project, Peru's biggest infrastructure venture, transport minister Bruno Giuffra said at the inauguration of a 16mn-sol project to upgrade 23,000m2 of streets in La Molina district.

Construction work on the behind-schedule US$5.3bn metro line, now due for completion in 2022, has been blamed for causing massive traffic jams on Lima's eastern outskirts.