In Peru, the Olmos project has 24,000 hectares of cane, blueberry, avocado, grape and asparagus

Published 2022년 4월 12일

Tridge summary

The Olmos project, completed in 2021, has transformed 24,000 hectares of land in Lambayeque, Peru, into productive agricultural areas, including crops such as sugar cane, blueberries, avocados, and grapes. The project, which began in 2004, involved transferring water from the Huancabamba River to the Olmos Valley through a trans-Andean tunnel, enabling irrigation for 43,000 hectares. The investment of over $2.4 billion has led to the creation of over 25,000 direct formal jobs and generated more than $400 million for the state in VAT collections. The project, set to end in September 2025, has significantly boosted Peru's agro-export sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the end of 2021, the Olmos project has 24 thousand hectares of sugar cane, blueberries, avocados, grapes, asparagus, bananas, among other crops, generating more than 25 thousand direct formal jobs and allowing a collection of more than 400 million dollars to the State only for VAT, according to Gore Lambayeque. As is known, through the Olmos project, the waters of the Huancabamba River are being transferred through the trans-Andean tunnel to the Olmos Valley to enable 43,000 hectares in its first phase, through a modern and automated irrigation system. Only in 2004 was the concession granted for the transfer works of the Olmos project: Trasandino Tunnel and Limón Dam, whose operation will end in September 2025. Meanwhile, since November 2014, the irrigation component began to irrigate 5,500 hectares in the old valley and 38,000 hectares in the new lands, showing a great positive impact with the transformation of the desert into productive green areas, turning Lambayeque in one ...

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