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 6, 2014
    Report urges US$25 billion transport improvement plan
    The One North report, produced by the city regions of Leeds, Liverpool, Manchester, Newcastle and Sheffield in the UK, puts forward a strategic proposition for transport in the north of the country. The US$16.8-US$25.2 billion plan urges major changes in connectivity and capacity between the northern cities over the next 15 years and proposes optimisation of strategic highway capacity, a new high speed trans-Pennine rail route and improved city region rail networks interconnected with HS2 services, new inte
    Read More
  • March 25, 2015
    Kenya plans road toll tenders
    Kenya plans to start tendering in May for toll-road contracts estimated by the government to be worth $2 billion to improve the efficiency of the East African nation’s biggest commercial routes, according to Bloomberg. The contracts will be in addition to the 45 deals worth about US$3.2 billion that the government will start awarding as early as next week, to double the nation’s paved-road network through an annuity program. The government is planning to introduce five toll projects covering about 800 kilom
    Read More
  • April 30, 2014
    Mexican government unveils infrastructure plan
    The Mexican government has unveiled a US$587 billion national infrastructure plan for 2014-18. "The national infrastructure plan includes 743 programs," said finance and public credit minister Luis Videgaray during the plan's presentation.
    Read More
  • February 25, 2015
    New legal basis brings EU wide cross border enforcement
    Pan-EU enforcement is set to become a reality after legislation is revised. In May 2014 the European Court of Justice ruled that European Directive 2011/82/EU, which came into force in November 2013 to facilitate the exchange of information between member states in relation to eight road traffic offences, had been set up on an incorrect legal basis. The regulations had been introduced under police cooperation rules on the prevention of crime, but the Court decided that the measures in the Directive do not c
    Read More

Highlighted Content