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

  • New investor for privately-owned M6toll
    January 27, 2023
    Six-lane motorway near English city of Birmingham is congestion relief for toll-free M6
  • Israel and China negotiating for construction of the railway line to Eilat
    July 16, 2012
    An important and significant step on the road to construction of a railway line to Eilat has been announced. Israel and China began initial negotiations for the possible construction, via the Chinese government, of the t railway line that will transport passengers and cargo from Eilat to the centre of Israel.
  • Tata Motors to supply 40 e-buses to India
    February 18, 2019
    Tata Motors is to deploy 40 electric buses to Lucknow City Transport Services in India to support the government’s efforts for promoting electric vehicles (EVs). The delivery is part of a larger order in which 255 e-buses will be delivered to six public transport undertakings including WBTC (West Bengal), LCTSL (Lucknow), AICTSL (Indore), ASTC (Guwahati), J&KSRTC (Jammu) and JCTSL (Jaipur). Tata says its Ultra Electric buses will have a range of up to 150km on a single charge and will operate between
  • World Bank funding to accelerate highway development in India
    November 1, 2013
    The World Bank has approved a US$500 million loan for the National Highways Interconnectivity Improvement Project in India to improve the national highway network’s connectivity with economically deprived and remote areas. The project will focus on three low-income states, Rajasthan, Bihar and Orissa, and on less developed regions in Karnataka and West Bengal.