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

  • Latest ITS technology upgrades India's toll systems
    November 13, 2012
    An ambitious programme of new and upgraded interoperable toll systems has been launched in India, featuring far-reaching technology developments. David Crawford reports. In April this year, Indian Union Minister for Road Transport & Highways CP Joshi inaugurated a new era of electronic toll collection (ETC) in India when he unveiled the country’s first RFID-based tolling installation. This was at a recently-completed plaza at Chandimandir, near the city of Panchkula in the northern state of Haryana. The sys
    Read More
  • A new era for England’s major roads
    March 26, 2015
    Highways England, the government-owned company which will deliver the largest investment in England’s major roads in a generation, officially launches next week. The company, which replaces the Highways Agency from 1 April, will invest US$16 billion in delivering a raft of improvements on England’s motorways and major A roads making roads even safer, improving traffic flow and reducing congestion. The improvements over the first five years of operation include: 112 major improvements, including 15 sma
    Read More
  • IBTTA: road user charge is the future
    March 16, 2022
    The US government’s cash injection for the nation’s bridges represents a step forward – but IBTTA’s Pat Jones suggests that states need to consider the benefits of road usage charging
    Read More
  • Nigeria’s airport project nears completion
    August 7, 2014
    The Abuja Airport terminal expansion project in Nigeria, currently under construction by Chinese company CECC, is around 30 per cent complete and is expected to open for operation in December 2014. The scheme, when completed, will connect the city centre to the satellite towns in the country. The Federal Government has embarked on improving most of the nation’s airport terminals across the country via various remodelling and expansion works with a view to bringing them up to international standards.
    Read More

Highlighted Content