Lima’s mayor, Rafael López Aliaga, is celebrating after Brookfield Asset Management announced it would dissolve Rutas de Lima, the concessionaire that manages key toll corridors around Peru’s capital.
City Hall framed the development as a “triumph for drivers”, arguing that years of civic pressure and legal action against what it called “abusive tolls” have finally paid off.
The mayor said the decision proves that Lima can rethink toll policy while keeping traffic flowing and services running.
How The Dispute Reached This Point
The clash between Lima’s municipality and Rutas de Lima intensified over toll pricing, contract terms, and the suspension of several toll collection points.
Those shutdowns reportedly produced a sharp revenue decline—over 60% in recent years—and turned the assets into a political flashpoint across multiple districts.
The operator has indicated it will begin an orderly liquidation, maintaining operations as the wind-down proceeds.
In parallel, arbitration and court battles have continued over alleged contract violations and the financial impacts of toll suspensions.
Which Roads And Tolls Are Affected
The “Vías Nuevas de Lima” concession spans busy stretches that feed the capital’s core:
- Panamericana Norte (approximately 31.5 km within the concession)
- Panamericana Sur (approximately 54.1 km within the concession)
Any policy change at these plazas—especially hot spots like Puente Piedra—directly affects commuters, logistics firms, and inter-provincial traffic.
For now, authorities have emphasized continuity of service while decisions are made on the concession’s long-term fate.
What It Means For Drivers And The City Budget
In the near term, drivers should expect roads to remain open and basic services to continue while liquidation unfolds.
In the medium term, the city could pursue a contract revocation, re-tendering, or municipal/third-party operation under revised conditions.
Any permanent toll reductions or removals would have budget implications: the city must offset lost toll revenue through new funding sources, phased infrastructure planning, or renegotiated public-private terms.
The administration argues that a reset could produce fairer tariffs, better maintenance standards, and a more transparent governance model.
Key Facts And Figures (Latest)
| Item | Details |
|---|---|
| Announcement Window | Late September–early October 2025 |
| Entities | Brookfield (parent), Rutas de Lima (operator), Municipalidad de Lima |
| Network Covered | Panamericana Norte (~31.5 km), Panamericana Sur (~54.1 km) |
| Financial Hit | Revenue reportedly down >60% in recent years due to toll suspensions |
| Operations Status | Roads remain open during an orderly liquidation process |
| Legal Front | Ongoing arbitration and court proceedings over contract and compensation |
| Mayor’s Position | “Win for Lima’s citizens”; calls for fairer tolls and transparent management |
| Potential Next Steps | Revocation, re-tender, or new operating model with revised terms |
What Happens Next
City leaders say they will use the window created by the liquidation to design a toll policy that balances affordability and investment.
Transport experts note that Lima must ensure continuous maintenance, accident response, and expansion projects even as legal matters play out.
Any permanent tariff change will require formal decisions and careful budget planning to avoid service gaps or deferred works.
For Lima’s motorists, Brookfield’s exit from Rutas de Lima feels like a symbolic breakthrough.
Yet the real test lies ahead: turning a political win into a sustainable mobility model that funds maintenance, upgrades, and congestion relief—without overburdening residents.
If the city matches its rhetoric with clear timelines, transparent contracts, and credible financing, this moment could mark the beginning of fair, modern, and accountable toll road governance in Peru’s capital.
