Lima Metro: Key agencies sign deal to begin studies for Lines 3 and 4
Peru's Agency for the Promotion of Private Investment (ProInversión) and the Ministry of Transport and Communications (MTC), operating through the Urban Transport Authority for Lima and Callao (ATU), have entered into a strategic alliance. This agreement aims to unblock and accelerate the development of the future Lines 3 and 4 of the Lima and Callao Metro system. The primary objective of this partnership is to immediately commence the 'stage zero' phase. This initial stage will be dedicated to conducting the necessary technical studies for these crucial infrastructure projects. The collaboration between ProInversión and the MTC, facilitated by the ATU, signifies a renewed effort to advance the expansion of Lima's electric train network. The focus on technical studies in this early phase is a critical step towards ensuring the viability and proper planning of these new metro lines.
This agreement between ProInversión and the MTC, involving the ATU, represents a procedural step to advance the planning phase for Lima's metro expansion. By initiating 'stage zero' focused on technical studies, the government is employing a common strategy to de-risk future private investment by clarifying project scope and feasibility. This approach allows for detailed assessments before committing to full-scale construction contracts. The effectiveness of this strategy will depend on the thoroughness of the studies and the subsequent ability to secure financing and private sector participation for the construction and operation phases of Lines 3 and 4.
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