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

  • August 1, 2014
    US Senate approves Highway Trust Fund patch
    The US Congress gave final approval last night to a US$10.8 billion bill to replenish the federal Highway Trust Fund and through to May 2015. It now goes to President Barack Obama for his signature. The Transportation Department had set Friday as the day the Highway Trust Fund would run out of reserves and told states they could expect an average 28 percent reduction in federal aid. The fund relies primarily on gasoline and diesel fuel taxes that haven’t been increase in two decades. Commenting on the
    Read More
  • October 17, 2019
    How can US transportation be ‘re-envisioned’?
    In her address to this year’s ITS America Annual Meeting, congresswoman Eleanor Holmes Norton, chair of the House Subcommittee on Highways and Transit, called for a ‘re-envisioning’ of transportation. Her speech is below – and ITS International asks a number of US experts what they would like to see ‘re-envisioned’…

    I would like to welcome  ITS America to the nation’s capital.

    Read More
  • November 26, 2013
    US favours express buses are for intercity travel
    David Crawford records an upsurge in ground travel. Express buses are powering ahead of air and rail as the US’ most-favoured form of intercity travel and major operators are investing in passenger-attracting and retaining technologies. At the same time ‘kayak’-style price comparison websites are emerging to widen rider choice. Modelled on airline industry search engines that find cheap flight deals by comparing carriers’ offers, these new websites aim to fill the same gap for a ground-travel equivalent
    Read More
  • October 28, 2015
    Emissions reductions targets to have major impact on transport
    As bold moves aimed at reducing greenhouse gas emissions have been introduced in California, David Crawford looks at the ramifications for transportation. California Governor Jerry Brown’s recent dramatic raising of the bar on emissions reduction policy for the state has won him praise from Japan, Australia, Europe and the secretariat of the critical UN conference on climate change being held in Paris in November/December 2015. His April 2015 executive order aimed at bringing emissions to 40% below 1990 lev
    Read More

Highlighted Content