Peru's concession success?

The highway concession model is said to be proving successful in Peru, according to data released by transport infrastructure regulator Ositran.
February 13, 2012 Read time: 1 min
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.

For more information on companies in this article

Related Content

  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
    Read More
  • Planning Netherland's underground highways
    May 15, 2012
    The first agreements for Amsterdam’s proposed underground highway have now been reached. These have been made by the Dutch Minister for the Environment and Transport as well as Amsterdam local authority and the province of North-Holland. Under the agreed terms, the A10 highway will feature 12 lanes of traffic in four 1.2km tunnels under the capital, Amsterdam. The project will also include building metro and rail lines underground.
    Read More
  • More tenders for Lower Thames Crossing
    April 1, 2021
    The winners will build 23km of road connecting to the UK’s longest road tunnel.
    Read More
  • New road link for Angola’s Luanda Airport
    September 13, 2016
    New road links will be constructed to Luanda’s International Airport in Angola, in a bid to improve traffic flow and cut congestion. This US$695 million package of works has been awarded by Angola’s Transport Ministry and will be carried out by Chinese contractor Tiesiju Engineering, which is part of the China Railway Engineering Corporation. The work includes upgrading various access roads around the airport, as well as widening the Via Express route, which runs around Angola’s capital city. The airport is
    Read More

Highlighted Content