Skip to main content

Cusco airport concession to be awarded

Peru's private investment promotion agency ProInversión is set to award the US$658 million Cusco airport concession on 25 April. There are currently seven prequalified consortiums, including firms from the US, France, Germany and Korea. However, the names will not be released until the economic and technical bids are presented on 22 April. The 40-year, co-financed concession for Cusco's Chinchero international airport involves the design, construction, financing, operation and maintenance of the facilit
April 11, 2014 Read time: 1 min
Peru's private investment promotion agency ProInversión is set to award the US$658 million Cusco airport concession on 25 April. There are currently seven prequalified consortiums, including firms from the US, France, Germany and Korea. However, the names will not be released until the economic and technical bids are presented on 22 April.

The 40-year, co-financed concession for Cusco's Chinchero international airport involves the design, construction, financing, operation and maintenance of the facility. The terminal will replace Cusco's existing Alejandro Velasco Astete terminal and is expected to handle 2.6 million passengers annually by 2021.

This will be the ProInversión's second big infrastructure project to be awarded this year, following the US$6.5 billion Lima metro line 2 concession in March.

Related Content

  • 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
  • Rating agency Standard and Poor Tolling sees a bright future for tolling
    September 6, 2017
    Few disruptions appear on the horizon for global toll road operators, with the US poised to become a better bet for major investment, according to ratings agency Standard and Poor’s (S&P’s) Global Ratings’ 2017 report, which rates toll road operators according to their ability to raise capital. The outlook is generally stable for business conditions and credit quality for toll roads worldwide. One positive exception is the US where the overall outlook is ‘positive’ as S&P expects traffic growth to increase
  • First year of growth in demand for public transport in EU ‘since economic crisis’
    June 21, 2016
    The use of public transport in the European Union has reached its highest level since 2000, with a total of 57.9 billion journeys made in 2014, according to a new study released today by UITP (International Association of Public Transport). 2014 was the first year of distinct growth in demand for public transport after years of stable demand following the start of the economic crisis in 2008. The highest total demand in 2014 for bus, tram, metro and suburban rail was recorded in Germany (10.9 billi
  • Texas toll road contract awarded
    March 2, 2015
    The Texas Transportation Commission has awarded a contract to the Blueridge Transportation Group for the the planning, construction, financing, operation and maintenance of an express toll road and additional infrastructures for the SH 288 toll lanes project in Harris County in Texas. The consortium includes Israel-based Shikun & Binui Holdings, together with an infrastructure contractor and a financial investor. The ten mile stretch of road will connect Harris County to Houston. The project includes constr