Economy

New Chacahuaro Tunnel Opened on Central Highway

New Chacahuaro Tunnel Opened on Central Highway

President Kuczynski and Transport minister Martin Vizcarra were in Matucana this week to inaugurate the 306m Chacahuaro tunnel on the Central Highway. The tunnel, at Km. 80 and at 2,550 meters above sea level, has been built at a key point on the highway where landslides occur almost every year […]

French Loan for Lima’s Rapid Transit System

French Loan for Lima’s Rapid Transit System

The French Development Agency, AFD, has granted a loan of close to €120.5 million ($126 mn) to partially finance the construction of the Lima Metro’s Line 2. Most of Line 2 of the city’s rapid transit project is to run underground, from the eastern district of Ate to the port […]

CADE 2016 Business Meeting Opens in Paracas

CADE 2016 Business Meeting Opens in Paracas

Cabinet chief Fernando Zavala is heading south of Lima today, to the beach resort of Paracas, to inaugurate the annual business executives meeting, CADE 2016. The meeting brings together several hundred business executives, investors, analysts and political leaders to hear economic and social proposals by both the government and the […]

President Kuczynski: Let’s Show Them the Best

President Kuczynski: Let’s Show Them the Best

On the eve of the main APEC summit events being held in Lima this week, President Pedro Pablo Kuczynski called for Peruvians to welcome the APEC leaders “with open arms.” “Let’s show them the best of our culture and gastronomy,” he said in a message to the nation. “Let’s show them […]