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

  • Boost for roads and infrastructure in New South Wales budget
    June 23, 2016
    New South Wales infrastructure and services have received a boost in the 2016-17 budget. The government is investing US$15.3 billion (AU$20.2billion) in recurrent and capital funding, an increase of US$2.8 billion (AU$3.7 billion) on 2015-16. It is also providing significant funding for priority projects, including US$2.2 billion (AU$2.9 billion) for WestConnex, the largest transport project in Australia linking Sydney’s west and south-west with the CBD, the Airport and Port Botany. It will also provide
    Read More
  • IBTTA 2016 International Toll Excellence Award Winners announced
    August 11, 2016
    Five tolling agencies and a private firm have captured top honours in the International Bridge, Tunnel and Turnpike Association (IBTTA) 2016 National Toll Excellence Awards. Recipients of the 2016 awards include: Florida’s Turnpike Enterprise – I-4 Connector, which receives the Administration & Finance award, while the North Carolina Turnpike Authority receives the Customer Service & Marketing Outreach for its multi-agency interoperability capability. The Foothill/Eastern Transportation Corridor Agen
    Read More
  • Infrastructure spending is an investment in economic recovery
    January 20, 2012
    Transportation funding is caught in the crossfire as the President calls for infrastructure investment and a reinvigorated Republican majority in the House pushes back on federal spending. Andrew Bardin Williams reports. Every few months some politician or pundit declares that the country is on the verge of making the most important political decision in a generation. The 2006 mid-term election; the 2008 Presidential election; the passing of the stimulus bill; healthcare reform; the mania surrounding Tea Pa
    Read More
  • IBTTA announces 2017 International Toll Excellence Award Winners
    July 26, 2017
    The International Bridge, Tunnel and Turnpike Association (IBTTA) has announced its 2017 Toll Excellence Award Winners, recognising innovative strategies to help ease traffic flow, relieve congestion and increase safety for the global driving public. The awards are presented in seven categories and the 2017 winners are: • Indiana Toll Road Concession Company (Indiana) - Administration and Finance • State Road and Tollway Authority (Georgia) - Customer Service and Marketing Outreach • North Texas Tollway
    Read More

Highlighted Content