Particle.news

Download on the App Store

Lima Expresa Accuses Lima City Hall of Defying ICSID Order With New Toll-Free Monterrico Road

The concessionaire calls it a contract breach that risks new arbitration.

Overview

  • On October 11, Mayor Rafael López Aliaga and La Molina Mayor Diego Uceda opened a toll‑free parallel roadway at the Monterrico toll on the Vía de Evitamiento toward Av. Separadora Industrial.
  • Lima Expresa says an ICSID (CIADI) tribunal ordered Peru—including MML, EMAPE and the La Molina municipality—not to open or operate that road.
  • The company contends the land used forms part of concession assets that should have been transferred years ago, making the intervention a violation of the concession contract.
  • It warns the move could trigger new international arbitration and undermine private investor confidence.
  • Lima Expresa argues the road lacks technical justification, could heighten safety risks, and blocks a previously submitted plan to modernize the Monterrico toll, as political scrutiny grows over the timing of recent inaugurations.