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

  • EBRD funds new transport master planning standards for Romania
    August 5, 2014
    In July 2014, the European Bank for Reconstruction and Development (EBRD) awarded funds of around US$1.8 million for the development of sustainable mobility master plans in Romania. The EBRD is the largest institutional investor in Romania. To date, the Bank has invested US$8.9 billion across 364 projects in diverse sectors including industry, commerce, agribusiness, infrastructure, energy and finance.
    Read More
  • Dutch toll win for Emovis
    November 4, 2022
    Free-flow toll is first in Netherlands and comes with initial eight-year contract period
    Read More
  • Trump unveils U.S. infrastructure investment
    February 13, 2018
    U.S. president Donald Trump has announced that he wants Congress to approve $200bn (£144bn) bill, which he said will stimulate another $1.3tn (£9bn) in improvements as part of his plan to fix the country’s infrastructure. One intention of the proposal is to eliminate regulatory barriers and offer more flexibility to transportation projects that are currently required to seek Federal review and approval. $100bn (£72bn) of the proposed bill will create an Incentives Program to spur additional dedicated fund
    Read More
  • Public Private Partnerships to gather pace in the US
    April 29, 2015
    Public Private Partnerships are set to play a big role in transportation funding as Andrew Bardin Williams discovers. The old joke goes that the road from New York to Chicago is paved with potholes. For decades, drivers from New York and New Jersey traveling across Pennsylvania to visit the Midwest have lambasted the Commonwealth’s roadways for their lack of smooth pavement.
    Read More

Highlighted Content