Peru’s US$15 billion projects pipeline

Peru's private investment promotion agency ProInversión plans to grant 37 transport, energy, infrastructure and water projects in the next two years, its executive director Javier Illescas said. Although ProInversión has launched tenders during 2013 for several major infrastructure projects, many of the original deadlines have been postponed numerous times. Among the projects postponed is the US$74 million concession for the Amazon waterway, initially set to be awarded in quarter four 2013, which has bee
November 11, 2013 Read time: 1 min
Peru's private investment promotion agency ProInversión plans to grant 37 transport, energy, infrastructure and water projects in the next two years, its executive director Javier Illescas said.

Although ProInversión has launched tenders during 2013 for several major infrastructure projects, many of the original deadlines have been postponed numerous times. Among the projects postponed is the US$74 million concession for the Amazon waterway, initially set to be awarded in quarter four 2013, which has been postponed until 2014.

Among the biggest projects to be awarded are Cuzco's US$556 million Chinchero airport concession, and the construction of the US$3 billion Sur Peruano natural gas pipeline. Both projects are expected to be granted in quarter one 2014.

Peru's infrastructure gap is currently US$90 billion, and Proinversión has US$15 billion in projects in the pipeline.

Related Content

  • May 5, 2021
    ‘Shining moment of opportunity for tolling’
    Climate change is already affecting tolling operations in many parts of the world. IBTTA’s Bill Cramer explains how the sector can be seen as a proven funding and financing mechanism for surface transportation
    Read More
  • July 11, 2012
    Good news for the ITS industry from new $105 billion US transportation reauthorisation bill
    ITS America has applauded approval by the US House of Representatives and the US Senate of the conference report to HR 4348, (here’s the link Joseph: http://www.rules.house.gov/Media/file/PDF_112_2/LegislativeText/CRPT-112hrpt-HR4348ih.pdf ) a legislative package which includes the surface transportation reauthoriSation bill. The bill passed the House by a wide margin of 373 – 52, was subsequently approved by the Senate by a 74-19 vote, and the legislation has been signed by the President. The legislation w
    Read More
  • July 29, 2021
    EU mobility’s Covid escape route
    European Union roads could be more resilient after the pandemic ends, thanks to the goal of creating a more integrated mobility network, says ERF’s José Diez
    Read More
  • April 19, 2016
    Spreading the word about Bike Share in the US
    Smart bike share technology and funding policies help bridge the transit gap through the final mile as Andrew Bardin Williams explains. The sharing economy is coming to Portland this summer. BikeTown, the city’s new bike share program sponsored by Nike, will be launched in mid-July with 1,000 bicycles distributed across 100 stations throughout the city. Originally funded by a $2 million federal grant, the program has been boosted by a $10 million sponsorship deal with Nike ensures funding for the next five
    Read More

Highlighted Content