Congress approved the construction of a new railway

A new law that declares of public need and national interest the construction of the railway from northern Peru to eastern Brazil, will move forward this important project that benefits both countries. The new railway will connect Peruvian ports in the Pacific Ocean, with eastern Brazil, and from there to Brazilian ports in the Atlantic Ocean.

The estimate cost to build the Peruvian section, a 1,411km railway, is around 10.5 billion dollars, which will be covered by investments coming from the private sector; it could be ready in 5 years. Eventually, it will be connected to the current railway systems in Peru, the central and the south railways, which currently offer freight and tourism services.

http://www.bicusa.org/es/Article.10381.aspx