Skip to main content

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

  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
  • Colombian concession contracts cause concern
    June 13, 2014
    A report from insurance firm AIG warns that up to half of Colombia's 4G highway concessions could face financial hurdles due to over-estimated predictions of traffic flows. Colombia is at present putting out to tender its fourth generation (4G) concessions, which involve some US$25 billion in investment, reports Business News America. This investment is impressive and is Latin America's biggest move to expand and improve road infrastructure. But while many companies have shown interest and were prequalified
  • New Brazilian highway tender opening
    January 28, 2014
    The tender process is opening for a highway project in Brazil's southern Paraná State. The project will be carried out under the PPP model and the deal is worth some US$3.21 billion. The package of works necessary will require widening, improving, maintaining and operating state highway PR-323 as well as a number of adjacent roads. The package is for a 30-year concession and involves widening 207km of highway between the towns of Paiçandu and Francisco Alves in the northeast of the state, according to a rep