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GyM to Invest $197 Million in Lima Expressway, Gestion Says

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Dec. 27 (Bloomberg) -- Grana y Montero SA, Peru’s largest construction company, will invest $197 million in the expansion of Lima’s main expressway, daily Gestion reported.

The Lima-based company known as GyM will add 4.7 kilometers (2.9 miles) of road and five bypasses to the Paseo de la Republica over the next five years, the Municipality of Lima decided in a Town Hall session yesterday, according to the Lima-based newspaper.

To contact the reporter on this story: Alex Emery in Lima at aemery1@bloomberg.net.

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net