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

  • LA confirms $133m transit contracts
    April 5, 2021
    Sepulveda Transit Corridor Project includes rail and monorail solutions for busy road routes
  • Serco extends Dubai Metro contract
    October 29, 2013
    International service company Serco Group is to continue to operate and maintain the Dubai Metro. The company has signed a five-year extension to its contract with the Dubai Government Roads and Transport Authority (RTA) in a deal valued at approximately US$571, with an opportunity to extend for a further two years to 2021. Serco first provided pre-launch consultancy and planning to the RTA from 2007 and began operating and maintaining the initial 10 stations on the Red Line from its official opening an
  • No in-road equipment for Queensland's free flow toll bridge
    February 1, 2012
    By May this year, the new Gateway Bridge in Brisbane, which is being built alongside an existing bridge, will be open. With it will come an end-to-end free-flow tolling system. Interview with Sue Caelers, Queensland Motorway Ltd. Queensland Motorways Ltd owns and operates 61km of roadway in the area around Brisbane, Australia. This includes the Gateway Bridge and the Gateway Extension, Logan and Port of Brisbane motorways.
  • US transportation secretary supports Infrastructure Week
    May 12, 2015
    In support of the third annual Infrastructure Week, US Transportation Secretary Anthony Foxx is participating in events in Washington and will then head out to meet with state and local leaders, business leaders and academics in Tennessee, California, and Iowa. “Our nation’s economy and the way we live both depend on having strong infrastructure,” Secretary Foxx said. “But the truth is that our current levels of investment are falling short of what is needed just to keep our existing system safe and in g