Budgets for US$2bn Peru-UK reconstruction de… – BNamericas English


Budgets for US$2bn Peru-UK reconstruction deal to be ready early October

The budgets for a series of projects included in a 7bn-sol (US$2bn) agreement between Peru and the UK to rebuild water health and education infrastructure in the Andean nation have not yet been outlined, Peruvian reconstruction authority RCC reported.

The budgets have not been finished because studies for the first 36 works included in the program are still underway, according to the RCC, the agency set up to organize rebuilding works after a series of devastating floods in northern Peru in 2017. 

“We are carrying out basic engineering studies with the aim of obtaining more down-to earth reference values than those we have right now, and those studies should be completed during the first week of October,” Gloria Delgado, head of the RCC’s education project office, said during a webinar organized by the Lima chamber of commerce.

She added that as soon as more accurate values for these projects have been outlined they will be made public. 

Prequalification for the program begins on August 19 in the case of school infrastructure projects and August 20 for works planned for hospitals.

In total, the program is aimed at repairing or rebuilding 74 schools and 15 hospitals that were damaged during the 2017 El Niño floods, as well as providing water management plans for 15 river basins.

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