Skip to main content

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

  • Cambodian connection – construction completion
    May 13, 2022
    Completion of the contract to construct a new Cambodian connection is coming soon.
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • Chinese contractor wins major Nigerian road project
    November 11, 2013
    A road construction contract worth US$1.07 billion has been awarded to China Railway Construction in Nigeria. The Ministry of Delta Affairs of Nigeria awarded the package of works for Section V of the A121 East-West highway to China Civil Engineering Construction, a division of China Railway Construction. The work is expected to take five years to complete and includes design as well as construction. When it is complete, the A121 will connect Nigeria’s two main North-South highways. Its route runs from the
  • New ring road project for Peru capital
    March 3, 2022
    A new ring road project is being planned for Peru’s capital.