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EUROPEAN UNION (EU) WILL SUPPORT TRANSPORTATION IMPROVEMENT
Lima, April 22, 2021.- More than five million euros from the European Union's Latin America Investment Facility (LAIF) will be used to finance studies and technical assistance for the benefit of provincial municipalities in the interior of the country that are the target of the National Sustainable Urban Transport Program.
These resources, managed by the German Financial Cooperation and the French Development Agency to the European Union, will be used by the Ministry of Transport and Communications to implement measures that promote the improvement of public transport through sustainable urban mobility plans and intelligent transport systems in cities.
In addition, pre-investment and implementation studies for vehicle scrappage programs may be financed.