Investment in infrastructure, set to be developed in Peru thru 2017, will total US$6.553 billion through the implementation of important mega-projects such as Lima Metro Line 2 and Southern Gas Pipeline (GSP), Peru's BBVA Research Economist-in-Chief Hugo Perea projected.
In this sense, the infrastructure sector will become an additional growth engine to boost the country's Gross Domestic Product (GDP) between 2016 and 2017.
The corresponding figure will climb to US$2.078 billion this year, an 82.4% increase compared to the amount spent in 2015.
Thus, such investment will contribute 0.7 percentage point to GDP growth, he underlined.
Infrastructure investment in 2016 will the push the implementation of Lima Metro Line 2 (US$813 million), Southern Gas Pipeline (US$506 million), Talara Refinery Modernization Project (US$439 million), Mantaro-Mancora Transmission Line (US$300 million) and Chinchero International Airport (US$20 million).