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

  • Cost saving multi-agency transportation and emergency management
    May 3, 2012
    Although the recession had dramatically reduced traffic volumes in the past few years, the economy was on the brink of a recovery that portended well for jobs but poorly for traffic congestion. Leaders of four government agencies in Houston, Texas, got together to discuss how to collectively cope with the expected increase in vehicles on the road. "They knew they couldn't pour enough concrete to solve the problem, and they also knew the old model of working in a vacuum as standalone entities would fail," sa
    Read More
  • Over US$2.3 billion of investment awarded to upgrade motorways in England
    July 23, 2015
    Highways England has appointed six joint-venture companies to design and build ten smart motorways across England as part of a US$2.3 billion investment. Three of these projects will start in autumn this year: two in the Midlands on the M1 J19 to J16 in Northamptonshire and the M5 J4a to J6 in Worcestershire, and one in the north-west on the M6 J16 to J19 near Stoke-on-Trent. The smart motorway schemes, part of the US$23 billion government investment Highways England is delivering between now and 2021
    Read More
  • Alstom wins new Kochi metro line contracts
    January 23, 2015
    Alstom has been awarded two contracts worth over US$73 million by Delhi Metro Rail Corporation (DMRC) to supply signalling, telecom and electrification solutions for the new Kochi metro line. The projects will be implemented in early 2016 and commercial service is scheduled to begin in March 2016. The contracts include 25 Alstom Metropolis trains which will circulate on the new Kochi metro line which is 25 kilometres long and includes 22 stations. These trains will carry up to 15,000 passengers per hour
    Read More
  • Economic crisis needs non-partisan perspectives to stimulate growth
    February 2, 2012
    Kary Witt, President of the IBTTA and Pat Jones, Executive Director and CEO, talk about the need to put aside partisan perspectives in order to deal with the current economic crisis
    Read More

Highlighted Content