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Peru will launch in the coming months a metro studies tender, private investment promotion agency ProInversión said.
The contract will be for pre-investment and feasibility studies for the construction of Lima's metro line No. 4.
The pre-investment studies are to ultimately determine the ideal design and route of the line, taking into consideration economic viability.
The winning bidder will need to gauge passenger demand and carry out a diagnostic of the current transportation system in Lima and determine how the line would be integrated into it.
No. 4 line is expected to run east-west and stretch 8km, connecting Lima city to Jorge Chávez international airport.
Last month, ProInversión awarded a pre-investment studies contract for line No. 3 after receiving a US$17.5mn budget proposal.
Lima's No. 1 metro line is already operating and construction of the city's US$6.5bn No. 2 metro line has just begun. The government aims to concession lines 3 and 4 before the current administration leaves office in 2016.
When completed, Lima's metro system will have six lines and over 130km of underground tunnels.