Skip to main content

Peru lines up road, rail concessions for 2015

Peru plans to award next year infrastructure concessions including rail and road projects. Hydro and thermal power plants and liquefied petroleum gas distribution in the capital are also being lined up, a senior government official has said. Concessions will include the fourth stretch of the Longitudinal de la Sierra highway, which calls for the construction, operation and maintenance of a 640 kilometre stretch of Peru's Longitudinal de la Sierra highway, connecting Huancayo, Izcuchaca, Mayoc and Ayacuch
November 20, 2014 Read time: 2 mins
Peru plans to award next year infrastructure concessions including rail and road projects. Hydro and thermal power plants and liquefied petroleum gas distribution in the capital are also being lined up, a senior government official has said.

Concessions will include the fourth stretch of the Longitudinal de la Sierra highway, which calls for the construction, operation and maintenance of a 640 kilometre stretch of Peru's Longitudinal de la Sierra highway, connecting Huancayo, Izcuchaca, Mayoc and Ayacucho. Other proposals include the Huancayo-Huancavelica railway line and the Callao logistics hub (ZAL), which could require an investment in excess of US$100 million.

The agency will seek to develop private-public partnerships (PPP) with investors from the US, the UK, China, India, South Korea and Australia, according to Carlos Herrera, head of state investment promotion agency ProInversión.

President Ollanta Humala's government has awarded 27 concessions involving a total investment commitment of US$17.9 billion since taking office in July 2011, Herrera said.

At least US$10 billion in concessions has been awarded this year, including line No.2 of Lima's metro system, the Gasoducto Sur Peruano (GSP) natural gas pipeline, thermal power plants, power lines, Pisco port and Chinchero airport.

Peru's economy is expected to grow 3.1 per cent this year compared with 5.8 per cent in 2013. But it will rebound to expand 5.5 per cent next year as the government increases public spending and investment ramps up in infrastructure concessions, according to the central bank.

Related Content

  • Europe ‘accounted for largest share in global TCMS market in 2015’
    October 14, 2016
    According to the latest research by P&S Market Research, the global train control and management system (TCMS) market was valued at US$2,031.6 million in 2015, and it is expected to grow at a CAGR of 8.2 per cent during 2016-2022. Researchers indicate that increasing population and urbanisation, growing demand for safe and comfortable rapid transit solutions in developed as well as developing regions, and stringent emission control norms are expected to drive the demand for TCMS over the forecast period.
  • Meeting the challenges of smartcard fare payment
    July 4, 2012
    David Crawford monitors a growing trend in contactless smartcard ticketing The north east United States has become a hive of activity in the smart fare payment arena. In October 2011, the New York Metropolitan Transportation Authority (MTA) published, as a preliminary to an imminent procurement process, the detailed concept of its New Fare Payment System (NFPS). Based on open payment industry standards, this is designed to be implemented on all MTA bus and subway services operated by New York City Transit (
  • Asecap Days 2025: 'Vision Zero is not a number, it’s about a culture'
    May 29, 2025
    Saving lives and saving road infrastructure were two of the topics at the second and last day of the annual conference of Asecap, the European road tolling association, in Spanish capital Madrid
  • Thailand invests in transport infrastructure
    January 24, 2013
    Thailand’s government has announced a USD 74.01 billion investment package to boost the country's transport system. According to Transport Minister, Chadchat Sittipunt, 78 per cent of the total investment will cover transport infrastructure projects including rail, roads, air and water transports. He added that the infrastructure upgrades will lower logistics expenses by as high as 13.2%, by shifting transportation mode from roads to rail network. The huge spending on infrastructure was crucial for the cou