Skip to main content

Consortium wins Peru cable car consultancy

Peru's private promotion investment agency ProInversión awarded the consultancy tender to develop the economic model for the Choquequirao cable car system concession to a consortium of Pricewaterhouse Coopers and Ingerop Conseil Ingenieri. The cable cars will travel 5.4 kilometres from Kiuñalla in Apurímac to the Choquequirao archaeological park in Cusco, crossing the Apurímac canyon. Travel time will be 15 minutes and the system will be able to carry 400 people an hour. The 22-year co-financed conces
March 25, 2014 Read time: 1 min
Peru's private promotion investment agency ProInversión awarded the consultancy tender to develop the economic model for the Choquequirao cable car system concession to a consortium of Pricewaterhouse Coopers and Ingerop Conseil Ingenieri.

The cable cars will travel 5.4 kilometres from Kiuñalla in Apurímac to the Choquequirao archaeological park in Cusco, crossing the Apurímac canyon. Travel time will be 15 minutes and the system will be able to carry 400 people an hour.

The 22-year co-financed concession includes the design, construction, equipping and operation of the cable car system. The consortium will be required to determine the subsidy required from the national government, together with the PPP model that will be most attractive to private investors.

Pricewaterhouse Coopers-Ingerop Conseil Ingenieri will have about one year to complete the work.

ProInversión has also begun the tendering process for the concession of the project itself.

Related Content

  • October 24, 2014
    Lima to invest in subway lines
    Peru will invest nearly US$10 billion in the construction of Lima metro lines No. 3 and 4, private investment promotion agency ProInversión forecast at BNamericas 5th South America Infrastructure Summit. ProInversión recently awarded a pre-investment studies contract for line No. 3 and in coming the months will launch pre-investment and feasibility studies for line No. 4. "These are projects that, given similar characteristics to line No. 2 – more than 30 kilometres long and all built underground – s
  • April 20, 2012
    Ground-breaking car parking PPP in Poland
    The European Bank for Reconstruction and Development (EBRD) is helping to inject private finance into the modernisation of Poland’s municipal transport system with a loan for the construction and operation of an underground car park in the historic part of Wroc³aw, Poland’s fourth largest city.
  • March 25, 2015
    Kenya plans road toll tenders
    Kenya plans to start tendering in May for toll-road contracts estimated by the government to be worth $2 billion to improve the efficiency of the East African nation’s biggest commercial routes, according to Bloomberg. The contracts will be in addition to the 45 deals worth about US$3.2 billion that the government will start awarding as early as next week, to double the nation’s paved-road network through an annuity program. The government is planning to introduce five toll projects covering about 800 kilom
  • November 7, 2014
    Chile launches ambitious transport plan
    In an effort to boost a weakening economy, Chilean President Michelle Bachelet has announced a nearly US$4.2 billion transport infrastructure plan, including one new metro line in Santiago, cable car systems in three other cities and rail projects. The plan includes US$1.9 billion in new concessions, with the expansion of public-private partnerships (PPPs) to the metro system and US$2.2 billion in works directly funded by the government. In Santiago, the program involves developing feasibility studie