South Korea’s ‘Peru Smart Road’ Plan Adopted as Peru’s National Policy

ODA Road Development Consulting Bears Fruit
Korean Companies Poised for Local Expansion

The South Korean government’s smart road plan, designed to implement an advanced traffic management system on Peru’s national highways, has been adopted as an official national legal plan by the Peruvian government. With the project moving beyond mere technical consultation to being enshrined in Peruvian law, the likelihood of South Korean companies winning contracts for local transportation infrastructure projects has significantly increased.

On June 28, the Ministry of Land, Infrastructure and Transport announced that the Ministry of Transport and Communications of Peru officially proclaimed the ‘Peru National Highway Smart Road Management Master Plan’ as a national legal plan on June 25 (local time). Being designated as a legal plan means that the Peruvian government will officially allocate a budget and establish a dedicated organization to implement this system.

Aldo Martin Prieto Barrera (far left), Minister of Transport and Communications of Peru, is giving a presentation at the ceremony commemorating the proclamation of the "Peru National Road Smart Road Management Master Plan" legal plan, held at the auditorium of the Ministry of Transport and Communications of Peru on the 25th (local time). Ministry of Land, Infrastructure and Transport

This plan was promoted as an Official Development Assistance (ODA) project by the Ministry of Land, Infrastructure and Transport. The consortium of Korea Expressway Corporation, Dong Myeong Engineering Consultants & Architecture, and Ezencis carried out the project from July 2024 through June of last year. The plan details the introduction of a smart road management system to a 1,560 km section of the Pan-American Highway—Peru’s main north-south arterial highway, specifically from Trujillo to Arequipa.

Specifically, by 2035, 13 short-term services aimed at reducing traffic accidents and damage from natural disasters will be prioritized for implementation. For the most urgent 133.2 km section, a preliminary blueprint for construction has already been completed.

Should the Peruvian government now proceed with actual highway projects based on this plan, the South Korean companies that drafted the initial designs will be in a favorable position to win contracts. Previously, in 2019, when Korea developed a transportation master plan for Colombia and it was designated as a legal plan in 2022, South Korean private companies subsequently entered the Colombian market in succession.

Follow-up projects will begin as early as July. The Ministry of Land, Infrastructure and Transport will commence a feasibility study for the ‘Lima-Chancay Smart Intelligent Transport System Construction Project’ in Peru.

Seokgi Kim, Director General for Construction Policy at the Ministry of Land, Infrastructure and Transport, stated, “This is the result of systematizing Korea’s road and traffic management experience to suit local Peruvian conditions. It will not only improve the safety and operational efficiency of Peru’s national highways, but also contribute to the overseas expansion of our companies.”

Meanwhile, a ceremony to commemorate the legislation was held at the auditorium of the Ministry of Transport and Communications of Peru. Aldo Martin Prieto Barrera, Minister of Transport and Communications of Peru, as well as officials from the Ministry of Land, Infrastructure and Transport and Korea Expressway Corporation, attended the event.

This content was produced with the assistance of AI translation services.