|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Peru

Peru to Invest $8 Billion in Reconstruction after Flooding

LIMA – The Peruvian government on Wednesday approved the Reconstruction Plan with Changes, which sets forth an investment of 25.655 billion soles (about $8 billion) to rehabilitate the infrastructure and services affected by extensive flooding earlier this year.

After the plan’s approval by the Council of Ministers, the executive director of the Reconstruction with Changes Authority, Pablo De la Flor, said at a press conference that the projects included in the document will create 150,000 jobs in 2018, reactivate the Peruvian economy and modernize the country’s infrastructure.

The plan, which will be published on Thursday in the El Peruano official daily, will focus on investments in transportation, education, housing, sanitation, healthcare, agriculture and roadways for 13 of the country’s 25 provinces.

De la Flor said that some $6 billion will be invested – about 80 percent of the total allocation – in repairing the road network in the northern part of the country, where the worst damage occurred, and in particular in the Tumbes, Piura, Lambayeque and La Libertad regions.

The remaining sum will be allocated to preventive projects to avert similar damage during the next weather event of similar magnitude.

De la Flor said that the plan includes the relocation of small villages where the homes cannot be rebuilt on their original locations because they are in zones at high risk of future flooding or landslides.

The adverse weather resulted in the loss of more than 64,000 homes, some 400 schools and about 70 medical facilities, as well as the destruction of about 4,400 kilometers (about 2,730 miles) of roads and almost 500 bridges, according to the latest tally by the National Emergency Operations Center.

The disaster also resulted in 163 deaths, 20 people missing, more than 500 injured, about 277,000 with serious property damage and about 1.6 million adversely affected in other ways.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2015 © All rights reserved