Peru: New Highway Planned

Peru awarded an $809 million contract to Brazilian companies Norberto Odebrecht and Andrade Gutierrez to build a highway connecting the Peru’s Pacific coast to the Atlantic. The Inter-Oceanic highway will link existing roads in Peru’s southern Andes to the jungle town of Inapari on the Brazilian border and from there will wind through the cities of Rio Branco, Porto Velho, Cuiba, and Santos. The project will be financed by the Andean Development Corporation and Brazilian export promotion agency Proex.