Spotlight: Peru's 2022 transport infrastructure investments

Works in Peru's transport infrastructure sector saw limited progress this year, with investments in airport, railway, port and highway projects totaling US$467mn in January-November.

Line No. 2 of the Lima metro registered the largest investment amount, while highways led in terms of number of projects and work progress.

BNamericas takes a look at the investment figures for the period from the country's transport regulator (Ositran).

HIGHWAYS

Investments in highways amounted to US$137mn in January-November. Out of a total of 16 projects, eight showed progress during the period.

Section 4 of the IIRSA Sur highway (Azángaro-Inambari) was the project with the highest amount of investments, at US$28.7mn.

Highway projects Red Vial No. 4 (Pativilca-Puerto Salaverry) and IIRSA Norte (Paita-Yurimaguas) followed with US$25.2mn and US$24.4mn, respectively, while Autopista del Sol (Trujillo - Sullana) registered investments of US$19.8mn.

PORTS

Investments in ports totaled US$117mn in the first 11 months. Of eight existing projects, six moved forward in the period.

The Muelle Sur container terminal expansion (Callao) saw the biggest amount with US$44.1mn, followed by the Salaverry port terminal with US$37.4mn. Investments in the Paita port terminal  and Norte del Callao terminal amounted to US$23mn and US$11.7mn, respectively.

LIMA METRO EXPANSION

Construction of the Lima metro's line No. 2 saw an irregular progress with monthly investments exceeding US$47mn in March, June, and September, while not being higher than US$1mn in August, October and November.

With a capex estimated at US$5.8bn, the megaproject received investments totaling US$180mn in the period. The concession was launched in 2014 and Ositran said the project had reached 44.4% progress at end-November.

AIRPORTS

Airports received investments of US$33.7mn in January-November, with some months seeing investments below US$1mn.

The expansion of the Jorge Chávez International Airport saw the largest amount with US$26.9mn, while the first and second group of regional airports – both co-financed by the State – registered investments of US$3.36mn and US$3.5mn, respectively.