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

  • Consortium to build Finnish motorway
    March 4, 2015
    The Finnish Transport Agency has appointed a consortium of Meridiam Infrastructure and YIT Rakennus as the service provider which will build the E18 Hamina–Vaalimaa motorway in Finland on a public-private partnership (PPP) basis. Construction will commence in autumn 2015 and the entire motorway is estimated to be completed in 2018. The consortium will be responsible for financing of the project, as well as planning, construction and maintenance for a period of 20 years. The E18 Hamina–Vaalimaa project compr
  • Vinci consortium to complete and operate Regina Bypass
    August 6, 2015
    Regina Bypass Partners, a subsidiary of Vinci Concessions, in partnership with Parsons Enterprises, Connor Clark & Lunn GVest fund and Gracorp Capital, has signed a public-private partnership contract with the Saskatchewan Ministry of Highways and Infrastructure with a term of 30 years for the completion and operation of the highway bypass of Regina, the capital city of the province of Saskatchewan in Canada. The project, which represents a total investment of around US$1.4 billion, includes the design,
  • Key Russian PPP project
    April 18, 2012
    The Northern Capital Highway (NCH) consortium has been named the preferred bidder in the tender for the central section of St Petersburg’s Western High-Speed Diameter (WHSD) project. Should NCH win the tender process it will build and then operate the entire stretch of the toll road. The consortium comprises VTB Capital and Gazprombank from Russia in partnership with Italian company Astaldi and Turkish firm Ictas Insaat.
  • The long road to Spanish enlightenment
    October 22, 2018
    Julián Núñez, immediate past president of ASECAP, gets his teeth into the vision of a European strategy for toll roads. David Arminas reports from Madrid. Getting European politicians to agree to a long-term cross-border highway infrastructure programme for toll roads is extremely difficult. It’s a bit like pulling teeth: people want to avoid the pain. But pain is something that Spanish operators, including Abertis, OHL, ACS, FCC and Acciona, have been going through for the past decade. The country has