Living in Peru : your everyday companion

Lima | July 18, 2011 [ 12:48 ]

Lima's electric train $100 million over-budget

LivinginPeru.com

Inspections conducted by Peru’s Comptroller General, Fuad Khoury, have revelaed that the recently inaugurated electric train had a higher cost than originally budgeted, and has faults in its infrastructure.

Khoury said that his office will conduct an audit in August to confirm the information collected so far. He told local radio that the train was around $100 million overbudget, 26.5% more than expected.

The director of the Electric Train Authority, Oswaldo Plasencia, acknowledged that the total cost for work on section one of the train was $520 million, but stated that the additional expense was "properly justified."

Speaking to the newspaper Gestion, Plasencia explained that during the inclusion of new eathquake-resistant features, there was a series of setbacks that required a change to the structure of the rails.

Plasencia said the budget increase was no surprise, but will continue to look into the issue. However, he denied that there were any risks associated with the construction of the train.

 | | | |

  Latest news

• Lima : After 6 years, LivinginPeru.com will close on July 27th
• Travel & Tourism : UGM will evaluate plan to solve limited access to Machu Picchu
• Travel & Tourism : 130 pct increase in tourists visiting Machu Picchu, Peru
• Mining & Energy : 600,000 new natural gas connections for households in Lima
• International Relations : United States greets Peru on 190th independence anniversary

1 Comment

# David says :
July 19, 2011 [ 5:54 ]

A gov project going over budget, what a surprise. How long til the same politicians realize if they give enough gov. employees larger incomes that they will vote them back in office?

Add your comment

Name

Email

Notify me via e-mail of new comments to this entry

Code :

Comment

• Comments are the property of their respective authors, and LivinginPeru.com is not responsible for the content of these comments
• Only comments in English will be published
• Por ahora solo se permiten comentarios en ingles.
• Any offensive, injurious, profane or disrespectful comments will not be published
• You must include a real email address (this WILL be verified) for your comments to be published
• Repeat comments, or comments of a similar nature written by the same person will not be published
• All comments are sent to a moderator before publication
• Referring to the topic indicated in the article will increase your chances of publication
• Repeat offenses of the above guidelines will result in the removal of your ability to comment