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Published:
Last Updated:
23 Aug 2019

Peru: Metro Lima Line 2

PPP Briefs

The Lima Metro Line 2 project is one of the largest infrastructure projects ever done in Peru. It aims to ease traffic congestion in Peru’s capital, a city close to 10 million inhabitants, responsible for 32 percent of the country’s population and 45 percent of its GDP. Strong economic growth over the last decade, rising incomes and a limited public transport network resulted in an almost 30 percent rise in car ownership in the city. The World Bank and the Inter-American Development Bank (IDB) have together provided over a billion dollars for the project through innovative project financing mechanisms.

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