Overview

• Brookfield filed an arbitration under the Peru–Canada FTA after Rutas de Lima’s shareholders voted on Sept. 29 to dissolve and liquidate the company.
• Rutas de Lima says tolls were suspended at Chillón and Conchán and 26 booths overall, eliminating more than 60% of revenues and triggering the decision.
• Despite liquidation, the concessionaire says operations and maintenance will continue and obligations to workers and suppliers will be honored, with counsel stressing this is not a bankruptcy.
• Brookfield cites nonexecution of arbitral awards exceeding S/700 million, the Ramiro Prialé takeover, sustained legal actions, and a campaign by Mayor Rafael López Aliaga after investing over S/3,300 million; press reports put the treaty claim near US$2.7 billion.
• The city’s lawyer urges suspending tolls until any verdict in the Susana Villarán case and says the mayor is ready to testify, while AFIN warns the dispute is damaging Peru’s investment reputation.