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

  • UK Spending Review ‘increases capital investment in transport by 50%’
    November 26, 2015
    UK Chancellor George Osborne announced major investments in transport in the government’s Spending Review and Autumn Statement, despite a 37 per cent cut in the Department for Transport’s (DfT) operational budget. This was offset with a planned 50% per cent increase in capital expenditure for the DfT - rising to a total of US$92 billion. In addition to protecting overall police spending in line with inflation, an increase of US$1.3 billion by 2019-20, the review includes US$70 billion capital investment
  • Dynamic Message Signs : Don’t replace, refurbish and upgrade
    August 12, 2015
    Refurbishing old dynamic message signs can save money and increase technical capabilities as David Crawford discovers. Evidence is growing on both sides of the Atlantic of the scope for retrofitting old or technically out-of-date dynamic message signs (DMS) with new electronic equipment, to save on the costs of installing full-scale replacements. In the last four months of 2014, a number of US states progressed programmes that achieved savings of more than US$1.75 million (€1.56million).
  • Argentina plans long-term transport strategy
    June 26, 2014
    Argentina, which ranks poorly in transport infrastructure, according to the World Economic forum, has created a national transport institute (IAT) to develop a 50-year transport development strategy, as the country invests to revamp its railway network in an effort to overcome severe infrastructure deficits in the sector. Interior and transport minister Florencio Randazzo said that the newly created agency's mission is to establish long-term development plans and initiatives, and propose policies and reg
  • Mega trends will challenge transport technology
    June 5, 2015
    Jon Masters investigates some of the longer term trends that will shape transportation over the next 20 years. Business analysts and investors have already placed their bets on a future of technological smart mobility services. In December last year, the Wall Street Journal reported that Uber, the on-demand taxi and lift share smartphone app and start-up business, had been valued at $41.2 billion which, as the Journal reported, is an incredible vote of confidence for a company only five years old.