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

  • EBRD finances road repairs and upgrades in Eastern Europe
    July 15, 2016
    The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to US$86 million (€65 million) to Bosnia and Herzegovina to support an infrastructure programme aimed at repairing and upgrading the country’s road network, which has been damaged by severe floods in recent years. The improvements to the network will support regional connectivity, making it easier for domestic companies to transport their products to local and regional customers. Supporting regional integratio
  • Thales signs deals with China, Korea, Turkey
    June 15, 2020
    French firm closes three signal control contracts for urban rail systems
  • Russia to invest in Moscow transport hub development
    January 7, 2014
    Russia’s Ministry of Transport says that US$54.56 billion will be invested in development of the Moscow Transport Hub in 2013-2016. The funding will be used to develop roads, subways, rail infrastructure, public transport, air transport, road traffic management, road traffic safety and water transport development. The program stipulates launch of passenger rail service at the Moscow Little Ring Railway, construction of 93.9 kilometres of roads and 38.6 kilometres of street and road network. The infrastru
  • Chinese firm plans to develop disused railway for HS2
    January 15, 2014
    China Railway Group (CRG) has expressed interest in redeveloping a disused railway line in the UK and has invited local officials to visit Beijing to discuss the plans further. The Stonebridge Railway near Birmingham has been out of commission since the 1930s and the group plans to spend an estimated £280 million to bring it back into service. The proposals, hailed as a remarkable development by councillors, are expected to improve rail links to Birmingham airport and the wider UK Central area. The