Work Starts in Peru at Highway that Will Open the Pacific to Brazil

The Interoceanic Highway (Rodovia Interoceânica), which will run through the state of Acre and across Peru, linking Brazil to the Peruvian ports of Ilo, Matarani and San Juan, on the Pacific coast of South America, gets underway officially today at Puerto Maldonado (Peru), with a cornerstone placement ceremony.

The presidents of Brazil, Luiz Inácio Lula da Silva; Peru, Alejandro Toledo; and Bolivia, Eduardo Rodrí­guez, will participate.


The highway will stretch for a total of over 2,600 kilometers, of which 1,100 are to be in Peru. The stretch that work begins on today extends for slightly more than 1,000 and will cost US$ 700 million. Contractors from Brazil, Bolivia and Peru will build the highway.


With the Pacific coast connection Brazil should experience a surge in business with Asia, not to mention closer commercial ties with its continental neighbors to the west.


President Lula will spend most of the day in Peru. He will have talks with Toledo and Rodriguez on Amazon area development and regional integration. The presidents will also hold a joint news conference. Lula returns to Brasí­lia this evening.


The Rodovia Interoceânica is one of the priorities in the South American Regional Infrastructure Integration Initiative (IIRSA) which was created in 2000.


Also part of the IIRSA is the Consensus Implementation Agenda (Agenda de Implementação Consensuada), which was drawn up last December at the III South American Presidential Summit. It contains no less than 335 projects, with an estimated total cost of US$ 48 billion.


“This is strategic planning for integration. We identified bottlenecks in communications, energy and transportation. And after four years of discussion, we have a sharply focused and selective list of projects,” explains Ariel Peres, of the Ministry of Planning, who is also the Brazilian coordinator for IIRSA.


Further discussions on South American integration will take place at the South American Community of Nations summit scheduled for September 29 and 30 in Brasilia.


The organization was also formed last December at the III South American Presidential Summit. “Physical integration of infrastructure is one of the three pillars of the Community, along with economic integration and strengthening democratic values,” explained Peres.


Agência Brasil

Tags:

You May Also Like

Once Again Foreigners Are Bullish on Brazilian Stocks

The decision of the Brazilian authorities to raise Brazil’s key interest rate to 11%, ...

Por aí – Manfredo Again

Manfredo again Nurtured by European classics and fascinated by jazz, Manfredo Fest, a Brazilian ...

Despite EU Embargo Brazil Honey Export Grows Slightly

Brazilian honey exports continue to grow in the accumulated result for the year. Despite ...

Land Conflicts: 772 Murders and No One in Jail in Parí¡, Brazil

In February, a Catholic missionary born in the United States, Dorothy Stang, who was ...

Brazil Uses Internet to Monitor Environment Projects Across the Nation

Brazil’s Ministry of Environment has just launched the Agenda 21 System, a technological tool ...

Africa Vows to Make Brazil’s WSF the Continent’s Biggest Event

The internationalization of the World Social Forum (WSF) will be redoubled in 2007, when ...

New Zealand and Brazil Discover Each Other for Work and Pleasure

"Brazil with its 190 million people and huge land area and resources offers enormous ...

Brazil Urged by World Trade Organization to Reduce Trade Barriers

The World Trade Organization (WTO) said in a report released this Monday (March 9) ...

In the Black, Brazil’s Agribusiness Fears World’s Neoprotectionism

Brazil's International Relations secretary at the ministry of Agriculture, Livestock and Supply, Célio Porto, ...

Lula Mad at Brazil Press He Charges with Wishing His Failure

Luiz Inácio Lula da Silva, the president of Brazil, once again attacked the Brazilian ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`