Peru's transport and communications (MTC) minister Verónica Zavala presented congress a 3.3bn-sol (US$1.07bn) budget proposal for 2009, MTC reported in a release.
The proposal represents an increase of 700mn soles over 2008.
Of the total, 3.08bn soles will be allocated to the transport sector, including highways, roads, airports and trains. The communications sector will receive 115mn soles.
"The national road network is the principle investment priority for MTC, with 2.60bn soles. Of this, 1.83bn soles will be for investment programs and 77mn soles for maintenance. A total of 353mn soles will be assigned to regional and neighborhood road networks," Zavala said.
The government's five-year goal is to improve 5,184km of highways - which includes the construction of new roads, as well as improvement and rehabilitation works - through both public and private investment, the minister said.
The budget will also allot funds to land transport supervision, Zavala said, adding that resources for road safety and supervision have been on the increase.
The MTC budget has been growing every year due to the national government's commitment to infrastructure development, but there is a decades-long delay in the sector which will require the participation of the private sector, the minister said.
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