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

  • Strong 2013 results for u-blox
    March 21, 2014
    Wireless communications provider u-blox has announced strong top and bottom line growth in its financial report for 2013. Consolidated revenue US$249 million, a growth of 27.0 per cent compared to 2012; gross profit improved from US$92 million to US$1.2 million, with a continued good profit margin of 36 per cent; operating profit (EBIT) increased from US$25.99 million to US$34.1 million, a growth of 30.9 per cent compared to 2012; net profit increased by 44.3 per cent from US$19.3 million to US$27.8 mill
    Read More
  • Growth of ITS market 2013 to 2019
    April 22, 2014
    According to the latest report from Transparency Market Research, the intelligent transportation systems (ITS) market is expected to reach a value of US$30.2 billion by 2019, at a CAGR of 11.1 per cent from 2013 to 2019. The demand of ITS systems is rising globally due to increased congestion in metropolitan areas. Development and deployment of intelligent transportation system not only reduces traffic, but also reduces number of accidents and improves quality of life by controlling vehicle emission leve
    Read More
  • 3M shows faith in tolling
    August 13, 2012
    3M’s decision to acquire the business of Federal Signal Technologies Group (FSTech) from Federal Signal Corporation for a purchase price of US$110 million in cash provides an insight into the company’s view of the tolling industry’s future health. 3M says the fast-growing US$3 billion electronic tolling industry is projected to grow at a rate greater than 12 per cent per year as government agencies increasingly rely on tolling to fund roadway infrastructure, construction and maintenance. The company says FS
    Read More
  • IRD wins Oklahoma DOT traffic management systems maintenance
    September 27, 2017
    Quarterhill subsidiary International Road Dynamics (IRD) is to supply the Oklahoma Department of Transportation (ODOT) with traffic monitoring systems (TMS) maintenance and service under a new five-year contract valued at US$4.23 million with the IRD will provide installation, repair, service and calibration at 95 TMS locations, which currently consist of 23 weigh-in-motion (WIM) and 72 automatic vehicle classification (AVC) stations.
    Read More

Highlighted Content