Government to promote construction of nine cable cars for $650 million through APP

The government will promote through the Public-Private Associations (APP) the construction of nine cable cars in five regions for an amount close to US$ 650 million, as part of the strategy to promote and boost tourism infrastructure nationwide. The head of the Ministry of Economy and Finance (MEF), José Salardi, said that this portfolio of cable cars will be announced over the next few months. “These projects will provide urban mobility solutio…

Peru’s economy would have grown close to 4% in the first quarter, says MEF. In order to boost tourism and improve mobility in strategic areas of the country, the government announced that it will promote the construction of nine cable cars under the Public-Private Partnership (PPP) scheme, with a total investment of close to US$ 650 million. The announcement was made by the Minister of Economy, José Salardi, who specified that the portfolio will…