The Peruvian Ministry of Transport and Communications in Lima on June 25 holds a ceremony for the announcement of a master plan for smart road management of national highways. (Peruvian Ministry of Transport and Communications)

By Aisylu Akhmetzianova

Peru has officially adopted a master plan for the construction of smart roads with official development assistance (ODA) from Korea.

The Ministry of Land, Infrastructure and Transport in Seoul on June 28 said the Peruvian Ministry of Transport and Communications on June 25 announced the plan for managing disaster and traffic on roads on the South American country's national highways.

From July 2024 to June last year, a consortium led by the Korea Expressway Corp. conducted the ODA project.

The initiative includes a master plan to manage smart roads in the 1,560-km section of the Pan-American Highway, a major national freeway in Peru, as well as finding follow-up ventures.

Accordingly, the Korean ministry will conduct a feasibility study next month for the follow-up project of building the Lima–Chancay Smart Intelligent Transportation System (ITS). The implementation of this project will mark the full-fledged launch of ITS development in Peru, leading to expectations of Korean companies expanding their overseas operations.

In 2019, Korea developed a similar master plan in Colombia, which led to follow-up projects and participation by private companies.

aisylu@korea.kr