Major highway projects awarded to Brazilian firm in Peru

In Peru the Brazilian contractor Odebrecht is now setting out plans for a US$500 million package of works to upgrade the prime road network around capital Lima. In all some 144km of roads will be improved under the terms of the deal, which Odebrtecht was recently awarded by the Peruvian authorities.
September 28, 2012 Read time: 1 min
In Peru the Brazilian contractor 1305 Odebrecht is now setting out plans for a US$500 million package of works to upgrade the prime road network around capital Lima. In all some 144km of roads will be improved under the terms of the deal, which Odebrtecht was recently awarded by the Peruvian authorities. Key links seeing upgrades will be the Panamericana Norte, Panamericana Sur and Ramiro Priale highways. The work is planned for the 2013-2015 period. Odebrecht has been awarded the concessions for the highways for 30 years and will charge tolls to users on these three Vias Nuevas de Lima routes.

For more information on companies in this article

Related Content

  • Brazil: Rate of return for upcoming road tenders set at 9.2%
    July 16, 2015
    Brazil's Treasury Ministry has confirmed that the rate of return for the upcoming highway concession auctions is to be set at 9.2%, up from the 7.2% used in the previous round of tenders in 2013. The lower return is to ensure that the road tolls are lower. However, critics said the measure is not high enough and many contractors are looking for a rate of return of at least two digits, Brazil media reported. Even the increased rate as it stands will not lead to a greater number of contractors tendering fo
    Read More
  • Major Colombian highway projects underway
    January 22, 2021
    A series of major Colombian highway projects is now underway.
    Read More
  • Lima's massive $2 billion airport project
    March 4, 2025
    Peru’s capital, Lima, is to benefit from a massive new international airport, which will be one of the largest in Latin America – Mike Woof writes
    Read More
  • Ecuador's highway improvements
    February 20, 2012
    Ecuador is investing heavily in its transport infrastructure network at present. The city council in capital Quito says it has plans in hand for around US$579 million worth of road projects in total.
    Read More

Highlighted Content