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

  • Europe’s EasyWay project accommodates political requirements
    May 29, 2013
    The EasyWay project has evolved to take account of political developments at the European level. By Jason Barnes The European Union’s (EU’s) EasyWay ITS deployment project has its roots in the ambitions of former European Commission President Jacques Delors with regard to truly international networks for energy, information and for transport. Definition of what became known as the Trans-European Transport Network (TEN-T) began back in 1994 with seven working groups. They produced an R&D and policy framework
    Read More
  • Asecap debates the future of tolling
    August 23, 2016
    Colin Sowman reports form Asecap’s Study & Information Days event in Madrid. At Asecap’s (the Association of European Toll Road Operators) recent Study and Information Days event there was no doubt about the subject at the top of the agenda: the European Union Directive 23/2014/EU. This will introduce fundamental changes to the concession model under which Asecap members operate more than 50,000km of tolled highways and, in response, it has compiled a report entitled Proposal for a Sustainable Concession Mo
    Read More
  • Peru highway speeds up incident detection time with Valerann
    February 23, 2024
    Average on Lima Expresa network was 12 minutes - now it's five with data fusion approach
    Read More
  • The bottom line - US surface transportation system needs major investment
    December 12, 2014
    The 2015 Bottom Line Report on transportation investment needs, released by the American Association of State Highway and Transportation Officials and the American Public Transportation Association, estimates that to meet current demand it will require an annual capital investment over six years by all levels of government in the amount of $120 billion in the nation’s highway and bridge network and US$43 billion in America’s public transportation infrastructure. To meet the combined surface transportation
    Read More

Highlighted Content