The Lines 3 and 4 of the Lima Metro will be developed under the Public-Private Partnership (PPP) scheme, as announced by the Minister of Transport and Communications, Aldo Prieto. The estimated investment for these projects amounts to S/36 billion. Prieto emphasized that this diversified business model aims to meet the demand of over one million daily passengers, ensuring its profitability.
The president of the Urban Transport Authority (ATU), David Hernández, indicated that both lines are expected to be operational within a period of 9 to 10 years, although sections will be opened gradually.
Routes and Benefited Districts
Line 3 will connect Comas to Santiago de Surco, covering 34 kilometers and 28 stations, benefiting nearly 5 million people by reducing travel time from 2 hours and 30 minutes to 54 minutes. On the other hand, Line 4, which will link Ate with Callao, will add 23 kilometers with 20 stations, shortening the journey from almost 3 hours to 44 minutes for 2 million users.
To finance these projects, the incorporation of non-fare revenues is planned, such as real estate development in areas near the stations. This is part of an effort to optimize resources and potentials of the project, avoiding exclusive dependence on public funds.
For more information on the status of the Metro, you can check the latest report on the subject here.