Skip to main content

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

  • IBTTA’s roll-call of excellence
    September 2, 2022
    Winners of the IBTTA’s Toll Excellence Awards will be presented with their trophies during the 90th Annual Meeting & Exhibition in Austin, Texas
  • Strong demand for TIGER grants
    May 16, 2014
    Applications to the US Department of Transportation for its sixth round of Transportation Investment Generating Economic Recovery (TIGER) grants totalled US$9.5 billion, 15 times the US$600 million set aside for the program, demonstrating the continued need for transportation investment nationwide, according to an announcement by Transportation Secretary Anthony Foxx. The Department received 797 eligible applications, compared to 585 in 2013, from 49 states, US territories and the District of Columbia.
  • Mena states plan $225bn transport projects
    October 17, 2013
    The Middle East and North Africa (Mena) region has a US$225 billion rail, metro, tram and bus rapid transit (BRT) capital investment programme to 2030, according to a report by Meed Projects. There are now 108 separate railway, metro, monorail, tram and BRT projects under bid, under design or under study in fourteen Mena countries. More than 50 of them, with a combined value of almost $140 billion, are in the Gulf Cooperation Council (GCC).
  • TfL and Cubic agree to licence London’s contactless ticketing system for use worldwide
    July 14, 2016
    Transport for London (TfL) has announced its contactless ticketing system is set to be used by other major cities across the globe as part of a deal worth up to US$20 million (£15 million, which will be used to help deliver a fares freeze that the Mayor of London, Sadiq Khan has announced across TfL services for the next four years. TfL signed a deal with Cubic Transportation Systems (CTS), allowing them to adapt the capital’s contactless ticketing system worldwide. It is the first of a number of plann