Peru Highway 1 Peru Highway 1 Peru Highway 1, most widely known as Carretera Panamericana, is the most important highway in Peru. This road is the Peruvian portion of the Pan-American Highway. It runs north-south through the whole length of the country and connects all major cities in the country's coastal area. The northern terminus of the highway is located in Aguas Verdes (Tumbes Region) at the border with Ecuador. Starting in this point, the highway is known as "Carretera Panamericana Norte" ("North Pan-American Highway") until it reaches a point located in central Lima, the country's capital. Going south from this point, the
Economy of Peru and political stability, but it slowed again after the government delayed privatizations and as political uncertainty increased in 2000. President Alejandro Toledo has made investment promotion a priority of his government. While Peru was previously marked by terrorism, hyperinflation, and government intervention in the economy, the Government of Peru under former President Alberto Fujimori took the steps necessary to bring those problems under control. Democratic institutions, however, and especially the judiciary, remain weak. The Government of Peru's economic stabilization and liberalization program lowered trade barriers, eliminated restrictions on capital flows, and opened the economy to foreign investment, with the result