JOURNAL ARTICLE

Lima Mayor Gloats in Victory Over Brookfield's Peru Toll Company.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Rochabrun, Marcelo 3 of 3

Abstract

The article focuses on Lima's mayor celebrating the dissolution of Brookfield Asset Management's toll road company, Rutas de Lima, due to reported losses and conflicts with local authorities. Mayor Rafael Lopez Aliaga, who was elected in 2023 with a mandate to eliminate the toll company, claims that the tolls negatively impact the poor and alleges that the contract was obtained through corruption. Brookfield has faced significant financial losses and has initiated arbitration against Peru for damages. The dissolution allows Lima to potentially revoke the concession contract and eliminate toll collection, while Brookfield plans to continue operating the road during the liquidation process. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/10, pN.PAG
  • Document Type:Article
  • Subject Area:Geography and Cartography
  • Publication Date:2025
  • Accession Number:188432333
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