Currently, the gap in infrastructure in the short term amounts to S/117,000 million and, in the long term, to S/363,000 million, five times more than the budget that ProInversión has for its works, according to the Minister of Economy and Finance, Alex Contreras. In his opinion, an investment shock is required, especially in housing and […]
Tag: infrastructure
Chancay Megaport: what is your progress and when will this project be inaugurated?
The Chancay Multipurpose Port Terminal, which is being built by the Chinese company Cosco Shipping, is one of the most anticipated infrastructure projects in the industrial sector, as it will enable trade between Peru and Asia. Its investment amounts to US$3.6 billion and will generate thousands of jobs, according to the Executive Branch. Below, we […]
Food insecurity can be combated with trade
Achieve an increase in trade between the countries of Latin America is one of the keys to fight against food insecurity in the region, the general secretary of the Latin American Integration Association (Aladi)the Uruguayan Sergio Abreu. The pandemic and the war in Ukraine caused a loss of 40,000,000 jobs in micro, small and medium-sized […]
Petro proposals for Bogotá metro would add US$3.3 billion in costs
Since he was mayor of Bogotá, Petro has defended that the system should be underground to reduce the impact on the capital, Transportation Minister Guillermo Reyes told Blu Radio. The contract for more than US$4 billion for the construction of the first metro line in the capital was awarded in 2019 by the then mayor […]
Ositrán: investment in transport infrastructure reached US$ 443 million until October
Investments in transport infrastructure reached US$ 443 million between January and October 2022, reported the Supervision and Inspection Management of the Supervisory Agency for Investment in Transportation Infrastructure for Public Use (ositran). According to the entity, so far this year, the Metro infrastructure moved US$ 179.93 million executed by Line 2; followed by the highway […]
Peru will seek infrastructure investments for S / 360,000 million, according to President Castillo
This Thursday, the president Pedro Castillo He explained that our country is waiting to make investments for S / 360,000 million in order to close the infrastructure gaps. The president specified that they hope to award infrastructure projects and government-to-government agreements in the coming months, since their management “promotes public and private investment.” “There are […]
MVCS: invest more than S / 27 million for infrastructure and sanitation works in Áncash
The Ministry of Housing, Construction and Sanitation (MVCS) reported that the Ancash region will benefit from seven drinking water, infrastructure and rural sanitation projects, which will have an investment of S / 27 million 303,709. These works will benefit more than 4,900 inhabitants and will generate more than 780 direct jobs in the provinces of […]
EU announces gigantic plan to invest in infrastructure and counter Chinese influence
The European Union (EU) announced an ambitious plan to mobilize up to € 300 billion (about $ 340 billion) of public and private funds through 2027 on infrastructure projects to counter China’s global influence. The project, called Global Gateway, will pool own resources of the EU, of the 27 member states, European financial institutions and […]