Skip to main content

$150m World Bank investment for Lima transportation systems

Cash injection aims to improve Peruvian capital's traffic management and road safety
By Adam Hill October 21, 2024 Read time: 2 mins
Lima, Peru: 'Only 18% of jobs are accessible within 45 minutes by public or non-motorised transport, contributing to congestion, environmental pollution and social inequality' (© Kirill Neiezhmakov | Dreamstime.com)

The World Bank has approved the first phase of a 10-year programme to transform urban mobility in Lima, one of the most congested cities in Latin America. 

A $150 million loan will be used to implement modern traffic light systems, an upgraded control centre, and an automated traffic violation detection system.

The project aims to reduce congestion and improve air quality by optimising traffic flows, while promoting active travel.

It will also improve road safety for pedestrians and cyclists as well as the flow of public transport vehicles at more than 500 intersections. 

World Bank says congestion costs in the city are equivalent to 1.8% of GDP, while vehicles account for 40% of the city’s greenhouse gas emissions.

"Lima’s public transport infrastructure and services have failed to keep pace with rapid urban growth, the adverse effects of which have been mostly felt by the poorest," the organisation adds in a statement. "Only 18% of jobs are accessible within 45 minutes by public or non-motorised transport, contributing to congestion, environmental pollution and social inequality."

The first phase will improve transportation options for 4.6 million Lima residents, increasing their access to transportation in acceptable conditions, economic opportunities, and essential services, it continues.

Traffic calming zones, called supermanzanas, will be established in five municipal districts of the Peruvian capital.

There will also be 50km of new bike lanes, along with a metropolitan public bike system with private sector participation.

“We are committed to transforming Lima into a city where everyone can move around safely and efficiently," says Rafael López Aliaga, mayor of Lima. "This project will not only reduce congestion and pollution but will also improve access to job opportunities and essential services for our citizens."

“This project is an important step toward a more sustainable and inclusive urban mobility system in Lima," notes Issam Abousleiman, World Bank country director for Bolivia, Chile, Ecuador, and Peru.

"Improving traffic management and road safety for sustainable transport allows us to help improve the quality of life of all residents, especially the most vulnerable."

For more information on companies in this article

Related Content

  • EU investment fund ‘important for transport’
    December 19, 2014
    The new EU Commissioner for Transport, Violeta Bulc, said that the US$392 billion investment fund unveiled by President Juncker last week will have big significance for the transport sector. In a speech today to the Committee on Transport and Tourism at the European Parliament, Ms Bulc said that the new European Fund for Strategic Investment set up with the European Investment Bank (EIB) offers new opportunities to finance transport needs, particularly in urban mobility. “Investment needs in urban mob
  • New FIA Region I policy position on road infrastructure and tunnel safety
    February 17, 2017
    FIA Region I has welcomed the European Commission’s plan to revise and merge the road infrastructure safety management directive and the directive on minimum safety requirements for tunnels since many of the problems that road users face today are linked with poor maintenance of road infrastructure. FIA Region I believes that road management authorities should be obliged by the EU and member states to ensure a minimum level of road maintenance. A well-developed and maintained road network enables safe, e
  • Motown morphs into Mobility City
    August 7, 2018
    Detroit was once a byword for urban decay – but ITS America recently held its annual meeting there. This gave David Arminas a chance to assess how fast Motor City is moving down the road to recovery. Motor City, as Detroit is still called, was on its financial knees only five short years ago. The future looked bleak as the city and greater urban area bled jobs and population. It was on 18 July 2013 that Motown, as Detroit is also known, filed for Chapter 9 bankruptcy protection, the
  • Traffic sensors give cyclists green lights
    February 1, 2013
    Transport officials in Columbus, Ohio, are following in the footsteps of Austin, Texas; Portland, Oregon and Berkeley, California and recalibrating their traffic signal sensors to accommodate the growing number of cyclists in the city. Nearly all the city’s 1,000 traffic lights are connected to road sensors that detect the presence of vehicles at the intersections and adjust the lights accordingly. Cycles are another story; they don’t contain enough metal to trigger the sensor. This has caused some cyclis