Vinci acquires toll concession in Peru

Vinci Concessions’ international highways subsidiary, Vinci Highways, is to acquire the Lamsac Company, which holds the concession for the Línea Amarilla toll road in the centre of Lima, Peru, as well as Pex, Lamsac’s electronic toll collection operator. Lamsac holds a concession contract with the Municipality of Lima to build, operate and maintain the 25km-toll road until November 2049. In 2015, traffic on the toll road averaged 134,000 vehicles per day and is expected to increase following the compl
August 9, 2016 Read time: 1 min
5176 Vinci Concessions’ international highways subsidiary, Vinci Highways, is to acquire the Lamsac Company, which holds the concession for the Línea Amarilla toll road in the centre of Lima, Peru, as well as Pex, Lamsac’s electronic toll collection operator.

Lamsac holds a concession contract with the Municipality of Lima to build, operate and maintain the 25km-toll road until November 2049.

In 2015, traffic on the toll road averaged 134,000 vehicles per day and is expected to increase following the completion of a new section currently under construction.

The transaction is part of Vinci Concessions’ strategy of expansion in an area with strong growth potential and reflects the Group's expansion goals in Latin America.
Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • The delicate issue of pursuing toll evaders
    May 6, 2015
    Toll evaders create major problems for tolling companies – of which lost revenue is only one. Open road tolling maximises roadway capacity but non-payers create enforcement problems Toll road operators are increasingly employing open road or free-flow electronic tolling to minimise travel times.
    Read More
  • Insight into China's smart cities initiatives
    April 25, 2013
    Schneider Electric, which has been playing an active role in smart transportation systems in China since 1990, provides an insight into smart city initiatives in the country. Today, most cities across the world are facing unprecedented growth, which questions the viability of the current development model. They are immersed in a competition with each other, both domestically and internationally, in terms of investments, jobs and talents. Cities need to become more attractive and intelligent by becoming more
    Read More
  • Conscience versus convenience
    June 8, 2015
    David Crawford looks at new ways forward for public transport. By 2025, nearly 60% of the world’s population will be living in towns and cities, increasing their extent and density, and the journeys that people make within and between them. In response, the International Association of Public Transport (UITP) wants to see public transport’s global modal share doubling (PTx2) by the same date. “Success in 2025,” a spokesperson told ITS International, “will save 170 million tonnes of oil equivalent and 550
    Read More
  • European tunnel upgrades following new safety legislation
    August 20, 2015
    Across Europe there is a very mixed picture of compliance to latest safety standards for road tunnels. Best practice has emerged, however, in the wake of European legislation. Jon Masters reports High profile fatal fires following accidents in the Mont Blanc, Tauern and Gotthard tunnels prompted the 2004 European Union Directive 2004/54 on road tunnel safety. This meant all EU member states would have to meet new standards of safety in road tunnels by 30 April 2014. The Directive applied to all tunnels over
    Read More

Highlighted Content