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

  • Brazil draws up transport concession timetable
    March 19, 2015
    Brazil's federal government has drawn up a tender launch schedule for highway, railway, airport, waterway, and port dredging concessions. Feasibility studies for the country's upcoming concessions have already been completed and tenders are due to be launched in the fourth quarter, local paper Valor Econômico reported. To date, a total of 493 kilometres of sections of federal highway, from Paraná state's Lapa city to Santa Catarina state's Chapecó city, are waiting to be put out to tender. Additional highwa
    Read More
  • HERMES Study provides guidance for forward ITS thinking in Finland
    August 25, 2016
    Having authored HERMES, a major study for the Finnish Ministry of Transport and Communication, Josef Czako talks to ITS International about his findings and lessons for other authorities. When CEOs of major automakers are predicting more change in the next five years than in the past 50, what is the role of national authorities considering the benefits of innovations in ITS?
    Read More
  • Navya & Vinci get French AV tender
    November 25, 2022
    New consortium aims to provide driverless shuttles to improve rural mobility in France
    Read More
  • Investing in ITS: Show us the money
    April 8, 2022
    The ITS industry is currently attracting a lot of interest from private equity and venture capital providers. Adam Hill asks some of the people who have their eyes on the market what makes it such a good bet
    Read More

Highlighted Content