Lima Metro receives WB financing

LimaThe World Bank Board approved a USD 300 million financing for the construction of a new line of the Lima Metro.
Metro Line 2 will provide a link that includes 13 districts, reducing the time it takes the average user to complete the same journey by 34 percent. The first phase includes 4.9 km of tracks and five stations and is expected to conclude in less than two years.
It is expected that 660,000 passengers will use this new line daily once it is completely operational.
“Line 2 of the Lima Metro constitutes the main Transport-sector project, not only due to the high technology with which it will be implemented but also due to the financial impact on market development that this project’s financing entails and especially due to its impact among the population,” Minister of Transportation and Communications, Jose Gallardo said.


Share on:
Facebooktwitterlinkedinmail

 

RECOMMENDED EVENT: