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Metro de Lima Línea 2 commences third ICSID arbitration proceeding against Peru

Photo by Cesar Gutierrez / Unsplash

On 6 December 2021, Metro de Lima Línea 2, S.A lodged a new request for arbitration before ICSID against Peru – adding to two other claims brought by the company against the Andean country before ICSID in connection with handover delays on the flagship project to maintain and extend Line 2 of the Lima and Callao Metro system.

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