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Lima Rejects Rutas de Lima Offer to Hand Over Toll Roads After Collections Halted

The dispute has widened to cross-border scrutiny with a New York court allowing Peru to trace the firm’s finances.

Overview

  • A court-ordered suspension of tolls at Villa and Punta Negra since November 5 has left the concessionaire with nearly no revenue, according to the company.
  • Rutas de Lima told city officials on November 19 it was prepared to execute an ordered and peaceful transfer if the suspension is not reversed.
  • Lima’s municipal government said there is no legal basis for a voluntary handover, affirmed the contract remains in force, and said it would assume control only if the company abandons operations.
  • The company appealed the ruling on October 31 and says the process remains pending, while it and its shareholders have reserved all legal rights.
  • Rutas de Lima says it notified national authorities including the MTC, PCM and Interior Ministry without receiving a response, and a New York court authorized Peru to trace financial operations tied to the company.