Peru Awards Rights to Build $5.7 Billion Lima Subway Line
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Peru awarded a contract to build the capital’s first subway line to an international consortium led by Spanish builder ACS Actividades de Construccion y Servicios after two other groups pulled out of the bidding.
Investment promotion agency Proinversion accepted Consorcio Nuevo Metro de Lima’s bid to build and operate the line, which will require $5.7 billion of investment, Transport Minister Carlos Paredes told reporters in Lima.