Alejandro Toledo was found guilty of accepting $35M in bribes from Brazilian construction firm Odebrecht for contracts to build the Interoceanic Highway in 2005.
The development of big-ticket hydroelectric projects in Peru seems to be on a collision course with both Brazilian financial backers and indigenous groups, who object to being displaced and having their land despoiled.
The $1.3 billion Interoceanic Highway project in Southern Peru will create a road connection linking the Atlantic and Pacific Oceans across the South American Continent.
With the election of Peruvian President Alan Garcia last July, one of the key priorities of the new administration was continuing the economic progress and a major aspect of that has been infrastructure. La Republica Zavala grapples with a highway system in a state of disrepair. The $1.3-billion InterOceanic Highway Project is just one of the major infrastructure projects currently underway in Peru. Major road projects in the north and central highlands are under way as well as a massive ongoing upgrade program. Overseeing that is the new Minister of Transportation Vernica Zavala Lombardi. The Harvard-trained lawyer previously served as