Peru: Metro Lima Line 2

PPP Briefs
Published: 2017
Last Updated: 26 Apr 2024

The Lima Metro Line 2 project is one of the largest infrastructure projects ever done in Peru. It aims to ease traffic congestion in Peru’s capital, a city close to 10 million inhabitants, responsible for 32 percent of the country’s population and 45 percent of its GDP. Strong economic growth over the last decade, rising incomes and a limited public transport network resulted in an almost 30 percent rise in car ownership in the city. The World Bank and the Inter-American Development Bank (IDB) have together provided over a billion dollars for the project through innovative project financing mechanisms.

Document TypeBriefs, Lessons
LanguageEnglish
SectorLight rail and metro, Transport, Cities, Urban transport, Rail
File TypePDF
Keywordsurbanization
ContributorsInter-American Development Bank (IDB), World Bank Group (WBG)
Countrys
RegionsLatin America & Caribbean

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