In spite of a number of setbacks, the $5,500 million dollar project to open Lima’s 2nd metro line is expected to into service during the first quarter of 2021. Deputy Transport Minister Henry Zaira, explains they are facing problems surveying the soil but have adjusted their deadline now that work is expected to take place 24 hours a day.
As the Bogota Metro discussion on underground or overground metro lines continue, we sat down with directors from Lima Metro, Valparaiso Metro, Bombardier Transportation and Bahia Metro during the Metro LatAm 2016 conference, in Medellin, Colombia, to get their advise. Each expert breaks down the pros and cons of each option, and a broad consensus is reached across all of our experts.
Japanese and South Korean investors have expressed their interest in the concession of Lima Metro Lines 3 & 4, which was announced on the sidelines of Road Show Asia 2015 organized by Peru in Tokyo, Seoul and Beijing. Proinversion Investment Director Javier Correa confirmed that both Hitachi and Mitsubishi have shown interest in such megaprojects.
Peru’s housing and construction ministry will build two aerial cable car lines to improve mobility in the working-class districts of north Lima. Both lines will require a total investment of $84 million. Bidding for the $51 million North Lima line will begin in October. The first line will connect the Independencia and San Juan de Lurigancho districts in north Lima.
Luis Castañeda Lossio, the mayor of the Peruvian capital, has confirmed that the metropolitan municipality will be unable to fund the cities proposed monorail network, and the project must solely funded through private investment if it is to proceed. “The municipality does not have the economic capacity to do this, we all know it and we know it very well”, the mayor of Lima explained.
Peruvian President Ollanta Humala has described the Line 2 metro projects as “the most important construction in Latin America”, explaining that the US$5.658 billion project is part broader positive change in the country and that with this Lima is now a modern global capital.
British companies have expressed an interest in the planned lines 3 and 4 of Metro de Lima, as well as the proposed ‘Tren Macho’ route,…
The confirmation of Lima as the host of the 2019 Pan American Games brings many challenges and opportunities, as the city looks to address what…
Carlos Paredes, Minister of Transportation and Communications, announced this week that the second section of Lima’s inaugural metro line will be put into operation in April 2014,…
El segundo tramo de la Línea 1 del Metro de Lima tiene grado de construcción del 78 % y sus 12,4 kilómetros de vía férrea…
