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Peru faces motorway and energy arbitration claims

Lima/iStock.com/alessandro_pinto

A subsidiary of a Spanish construction company has launched a more than US$100 million ICSID claim against Peru over delays to a project to improve a stretch of the Pan-American Highway – as the state is put on notice of another potential claim worth US$590 million by energy investors who say they were victimised by the country’s scandal-hit former president.

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