The Municipality of Lima approved the termination of the concession agreement with Rutas de Lima

Metropolitan Council of Lima unanimously approved the early termination of the contract with the Consortium Lima routes.

Among these arguments Municipality of Lima He listed the high toll rates, the lack of service due to the impact on traffic on the roads, and the impact on the development of the populations living in the surrounding area.

unanimously

At a meeting chaired by the mayor Rafael Lopez Allaga, the council unanimously approved the measure as “affecting the public interest”. López Allaga already raised this interest a few hours ago, also noting the exit of the Brazilian construction company Odebrecht, which has been implicated in corruption cases in the region.

Lima routes He was responsible for the sections of the Panamericana Sur, Norte and the Ramiro Priale Highway. Odebrecht currently owns a 25% stake after selling 57% to Canada’s Brookfield Asset Management. The remaining 18% is owned by Sigma SAFI.

The agreement provides that the municipality has the right to unilaterally terminate the agreement “for reasons duly justified in the public interest”.

Municipality of Lima pays compensation Lima routes in this regard, since the consortium has already indicated that it has invested more than 2.2 billion soles in the project. The Metropolitan Council assures that investments will be limited to 984 million soles, while income will exceed 1,245 million.

the mayor says

Rafael Lopez Allaga claimed that television peru that there is no expropriation of the contract.

“(We) follow the rule of law, here we do not violate any rule of law, no private investment, we act in accordance with what is specified in the contract. The contract specifies that in the event of a violation of the public interest, the municipality (of Lima) has the full right to announce early termination by paying for the investment made, while the third party must determine the amount of the investment made,” he said.

In addition, the burgomaster stressed that the municipality will also check the legality of other fees in the capital, which are managed by other companies.

Respective municipalities

The mayor of Puente Piedra, Renan Espinoza, has already pledged his support Metropolitan Council of Lima initiate the procedure for invalidating toll agreements with Lima routes.

In an interview with RPP news, the mayor of the district considered that there were many grounds that would make it possible to opt for the abolition of this fee without resorting to international litigation by the company. As an example, he cited the failure to complete the interchange between Trapiche and Panamericana Norte.

Similarly, Espinoza called the Puente Piedra tolls detrimental because “it cuts the area in two and we don’t have the option of using alternative routes.” He even questioned the need for Serenazgo vehicles to pay for travel from one location to another within the district, as well as garbage trucks.