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Peru to invest $7.7 billion in transport infrastructure

Staff Writer |
Investment commitments in Peru's transport infrastructure projects for the coming five years currently stand at $7.7 billion, Supervisory Board for Investment in Public Transport Infrastructure (Ositran) Chairwoman Veronica Zambrano confirmed.

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Likewise, the official explained investment commitments worth $15 billion are linked to the Inca country. From this amount, $7.3 billion has been used so far (48% of the total).

"The remaining $7.7 billion will be implemented in the next five years," she told Andina news agency.

Zambrano also said that highway concessions account for 4% of Peru's total national road network, thus representing 6,800 km.

In the case of railway concessions, investment commitments worth $1.512 billion are on the list.

Likewise, commitments in the country's 24 airport facilities reach $1.5 billion. Merely 1/3 of that figure has been invested by stakeholders ($517 million).

Finally, she noted investments in the port sector total $2.521 billion. From this amount, $1.409 billion has already been spent.

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