The ring road project for Lima looks set to be hit by further delays. The construction seems likely to be delayed by a further 18 months due to the inability of Lima’s municipal authorities and the Peruvian Ministry of Transport and Communications (MTC) to settle key administrative agreements. Called the Anillo Vial Periferico, the new ring road is being built by the Cintra-JJC consortium.
Part of the problem is that certain sections of roads need to be reclassified to allow the project to become viable. Lima’s municipal authorities proposed to hand over jurisdiction of these routes to the MTC in mid-2015 but this has yet to take place. The project requires a short-term investment of over US$2.16 billion. The current development of the necessary projects and studies means that the works could be ready to begin in the first half of 2016. This would permit two of the three routes to be ready in time for the 2019 Pan American Games.
Part of the problem is that certain sections of roads need to be reclassified to allow the project to become viable. Lima’s municipal authorities proposed to hand over jurisdiction of these routes to the MTC in mid-2015 but this has yet to take place. The project requires a short-term investment of over US$2.16 billion. The current development of the necessary projects and studies means that the works could be ready to begin in the first half of 2016. This would permit two of the three routes to be ready in time for the 2019 Pan American Games.
