The highway concession model is said to be proving successful in Peru, according to data released by transport infrastructure regulator Ositran.
The highway concession model is said to be proving successful in Peru, according to data released by transport infrastructure regulator 2586 Ositran. Vehicle traffic has grown 500% on routes developed under the concession model in the last five years. Journey times have at the same time been reduce by 50% on the road concession routes, according to Ositran. At present Peru's Government has awarded 25 concession contracts, including roads, railways, airports and ports and worth a total of US$6.78 billion.
