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Peru invests in massive irrigation project to bring fresh water to its arid west coast

Post available in: English

 massive irrigation

Next year, the Olmos Irrigation Project will start pumping billions of gallons of water onto a nearby 170-square-mile patch of desert in the Olmos Valley near the Pacific coast. The $500 million project is the most ambitious yet in a handful of massive irrigation works that are turning large swaths of Peru’s historically parched coast into profitable agricultural fields. Odebrecht Construction drilled a 12-mile tunnel through the Andes to pull water from where it has always been abundant – the Amazon watershed to the east – to the arid west coast of Peru that is home to two-thirds of the population and 80 per cent of economic activity but only 2 per cent of its freshwater.

Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition and investment tours.

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Gateway to South America was established in 2006 as a single office in Buenos Aires. The company has since expanded into a vibrant regional network, servicing the Southern Cone clients in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay with professional real estate marketing services. If you enjoy reading our news site please share it on your social media below.

Post available in: English


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