Toledo proposes transport fund

Bnamericas Published: Monday, March 17, 2003
Peru's President Alejandro Toledo has presented a plan to congress that would establish a transport infrastructure trust fund, dubbed Fonfide Vial, to support concession projects, La Republica reported. The law would authorize the finance ministry and state business financing fund Fonafe to transfer resources into Fonfide Vial for a period of 30 years, the paper reported. As such, Fonfide Vial would increase investment in infrastructure works that are often hindered by tight budgets, the paper said, adding this would curtail delays and promote private investment in highway, port and other transport projects.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Infrastructure (Peru)

Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Infrastructure (Peru)

Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: FLSmidth Perú
  • FLSmidth S.A.C. (FLSmidth Peru) is a subsidiary of FLSmidth & Co. A/S, the Danish supplier of equipment and services for the global cement and minerals industry. Headquartered i...