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

  • Magnadata Group wins $37.35 million rail ticket contract
    February 1, 2012
    UK-headquartered Magnadata Group has been awarded a five-year, US$37.35 million contract by ATOC (Association of Train Operating Companies) to produce the iconic orange magnetic rail ticket and associated products for all the UK train operating companies.
  • Colombia’s transport infrastructure challenges economic growth
    July 1, 2014
    An inefficient transportation network is one of the key challenges facing further economic growth in Colombia, according to a report from ratings agency Standard and Poor's (S&P). It currently takes ten hours to travel 445 kilometres between Bogotá and Medellín, the country's two largest cities. According to the 2013 World Economic Forum, Colombia's overall infrastructure is better than Argentina's, Paraguay's and Venezuela's in Latin America. "Considering that Colombia's economy has the potential to
  • UK government publishes long-term plan to increase cycling and walking
    April 24, 2017
    The UK government has published its US$1.5 billion (£1.2 billion) long-term plan to make cycling and walking the natural choice for shorter journeys. The government wants cycling and walking to become the norm by 2040 and will target funding at innovative ways to encourage people onto a bike or to use their own two feet for shorter journeys. Plans include specific objectives to double cycling, reduce cycling accidents and increase the proportion of five to 10 year-olds walking to school to 55 per cent by 20
  • China plans more ITS deployment despite economic slowdown
    March 30, 2017
    The Chinese government is turning to ITS to help solve urban traffic congestion in the majority of its large cities. Eugene Gerden reports. China is investing an estimated 3.5bn yuan ($551 million) per year in ITS and while the country’s current economic strategy may see this decline, the government plans to continue active development of the national intelligent transport system.