In order to speed up the execution of megaprojects in our country, the Ministry of Economy and Finance (MEF) estimated an investment that exceeds US$11,000 million, according to the Multiannual Macroeconomic Framework (MMM) that was published on Tuesday, August 29. Next, we will tell you in the following note from La República what great plays it is and where they are located. Pay attention!
What will infrastructure investments look like?
According to the Multiannual Macroeconomic Framework, which establishes the guidelines to be followed between 2024 and 2027, our country would grow 1.1% in 2023 and more than 3% in subsequent years. Likewise, for the next four years a recovery of private investment is projected that would resume its annual growth from 2024.
“In addition to the execution of measures to strengthen competitiveness and productivity that allow the generation of new growth engines such as the relaunch of the National Competitiveness and Productivity Plan, and the promotion of sectorial executive committees such as the naval industry”, refers the document.
Line 2 of the Lima and Callao Metro
This is one of the most anticipated projects in our capital. It has an investment of US$5,346 million and will cross nine districts of Metropolitan Lima with 27 stations. It was scheduled to be inaugurated in 2020, but the works on stage 1A have just been completed and now it is time to expedite the connection of stage 1B to branch line 4. Its first section would come into operation in 2024 and the second in 2026.
Line 2 of the Lima and Callao Metro would be operating, in its first stage, by the end of the year. Photo: Andean
Expansion of the Jorge Chávez International Airport
This work is carried out with an investment of US$1.2 billion and is in charge of Lima Airports Partners. After completing the landing strip and control tower in 2022, the construction of the new terminal would be accelerated in 2023, which would have an area of 900 hectares.
The new Jorge Chávez International Airport is 50% finished. Photo: Andean
Port of Chancay
The Chancay Multipurpose Port Terminal is one of the most anticipated constructions in the industrial sector, as it hopes to redistribute Chilean, Ecuadorian and Colombian cargo. According to the Minister of Transportation, Paola Lazarte, the work would generate more than 7,000 jobs and streamline the country’s logistics. It is worth remembering that the construction is in charge of the Chinese company Cosco Shipping and its progress to date exceeds 40%.
Chancay. Megaport has an initial investment of US$1.3 billion, with a projection of more than US$3.5 billion. Photo: diffusion
South Pier of Callao
The South Pier Bicentennial Port Terminal is the expansion of the Callao Port Terminal and has an investment of US$731 million. The work is being carried out by the company DP World and an 80% increase in the installed capacity that was previously available at the pier is estimated, according to Luis Turbides, project manager.
Currently, it continues with the execution of works in phase 2, which is associated with the expansion of the dock, storage areas and the installation of two new cranes.
The pier is prepared to receive large ships. Photo: MTC
Majes-Siguas II
This work in Arequipa has an investment of US$654 million and will allow the irrigation of more than 40,000 hectares to take advantage of the waters of the Siguas rivers and irrigate farmland, as well as generate hydroelectric power.
It would restart in the coming months and its implementation would allow the expansion of the agricultural frontier by 28,500 hectares. Let us remember that its delay is due to different administrative problems and even the Regional Council of Arequipa approved the creation of a commission to supervise the addendums of the project.
The works were paralyzed for around four years. Photo: Andean
Port Salaverry
Puerto Salaverry is a project promoted and awarded in 2018 and received financing of US$115 million for a term of 20 years. called the Salaverry Port Terminalthis has established itself as one of the most important ports in the northern region of the country thanks to the investment in the modernization, rehabilitation and expansion of docks.
Little is known about its status at present, but it is hoped that it can be boosted with the new guidelines published by the MEF.
This is how Puerto Salaverry goes. Photo: Andean
Piura-Nueva Frontera Transmission Line
In July 2023, the company Celeo Redes SLU acquired the Piura Nueva – Frontera Substation 500 kV Transmission Line, which is part of the development of the 500 kV electrical interconnection between Peru and Ecuador. The estimated investment in this project that will be developed through the Public-Private Partnership (APP) modality will be US$107,693,115 million (not including VAT).
Thus, the concession term covers the construction period of 46 months and 30 years of operation and maintenance from the start of commercial operation. The work on the Peruvian side is expected to be completed in 2027.
Piura-Nueva Frontera Transmission Line has just been awarded in 2023. Photo: Andina
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
