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

  • Siemens to equip Line 4 of Paris Metro for driverless operation
    January 12, 2016
    Siemens received an order from the Paris public transport operator RATP (Régie Autonome des Transports Parisiens) to equip the 27 stations of Paris Metro the twelve kilometre Line 4 with signalling and operations control systems. Siemens will supply its Trainguard MT automatic train control system that uses communications-based technology to achieve fully automatic, driverless operation. All train movements will be supervised via the operation control centre, which will also be supplied by Siemens. Spec
  • Vision Zero is working says New York mayor, announces more funding
    January 22, 2016
    According to Mayor Bill de Blasio, 2015 was officially the safest year on New York City streets since record-keeping began in 1910, thanks to the city’s Vision Zero program.He said the 231 traffic fatalities in 2015 are 66 lower than the 297 fatalities that occurred in 2013, the year before Vision Zero began. Pedestrian deaths, a historic low of 134 in 2015, fell 27 per cent during that period. The previous lows were 2011 with 249 traffic fatalities and 2014 with 139 pedestrian fatalities.
  • Vehicle probe data aids emergency rescue vehicle routing
    June 20, 2012
    A new vehicle routeing initiative has arisen to help improve emergency response and relief following natural disasters in Japan. David Crawford reports Japan’s national ITS group ITS Japan and the country’s leading automotives have agreed on a new combined approach to the organisation of traffic management and emergency response in the wake of major natural disasters. A new, robust traffic information platform using probe data obtained from vehicles to support traffic flow will build on the shared experienc
  • Cost saving multi-agency transportation and emergency management
    May 3, 2012
    Although the recession had dramatically reduced traffic volumes in the past few years, the economy was on the brink of a recovery that portended well for jobs but poorly for traffic congestion. Leaders of four government agencies in Houston, Texas, got together to discuss how to collectively cope with the expected increase in vehicles on the road. "They knew they couldn't pour enough concrete to solve the problem, and they also knew the old model of working in a vacuum as standalone entities would fail," sa