Series of road projects due for Peru

A major road building programme is expected in Peru in due course. The country’s Ministry of Transport and Communications (MTC) in Peru is planning 12 road concessions that will extend some 4,740km. These concessions will be worth in excess of US$3 billion in the period up to 2016. Peru’s Government wants to continue progress made so far in improving connectivity in the country and also with its neighbours.
July 12, 2012 Read time: 1 min
Picture: Victor L Antunez
A major road building programme is expected in Peru in due course. The country’s Ministry of Transport and Communications (MTC) in Peru is planning 12 road concessions that will extend some 4,740km. These concessions will be worth in excess of US$3 billion in the period up to 2016. Peru’s Government wants to continue progress made so far in improving connectivity in the country and also with its neighbours. At present, there are 14 road concessions involving investments of $.58 billion and extending 5,363km.

The MTC’s plan is to ensure that 85% of Peru’s national road network will be surfaced by 2016. This is no mean feat as it equated to 7,270km and involves investments worth $ 11.25 billion, of which$8.2 billion is being provided by government funds and $3 billion is coming from Public-Private Partnerships (PPPs). As of 2011, only 52%-53% of roads were surfaced.

Related Content

  • Peru plans Pan-American project
    January 9, 2015
    Peruvian plans for the Pan-American Highways expect key stretches of the route to be complete during July of this year and another during 2016. One construction company will complete its contract for the Chincha-Pisco stretch of the highway by July, reports Business News Americas. Meanwhile work on the the Pisco-Ica stretch should be finished in 2016. The work in Ica region is of importance to Peru’s economy as this area is home to the country’s biggest agro-export industries, Minsur's tin smelter, Aceros A
    Read More
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • Putin orders doubling road-building in Russia by 2022
    November 21, 2014
    Russia looks set to accelerate its road building programme – Eugene Gerden writes The volume of road building in Russia should be doubled by 2022, according to a recent order of Russia’s president Vladimir Putin. He said, “We need a real breakthrough in road building during the next several years. These volumes should be doubled during the coming decade.”
    Read More

Highlighted Content