Paruvian road concession package cancelled

The concession package for Peru’s Vía Expresa Sur road project is being cancelled. The deal was originally awarded to the Peruvian company, Grana y Montero (GyM). However the involvement of Brazilian firm Odebrecht in the project have resulted in the deal being cancelled. Odebrecht has been linked to string of corruption scandals. The tender process for the 5km road section will be reopened as a result. The project is intended to cut journey times in Lima, with the work expected to cost US$200 million.
April 26, 2019 Read time: 1 min

The concession package for Peru’s Vía Expresa Sur road project is being cancelled. The deal was originally awarded to the Peruvian company, Grana y Montero (GyM). However the involvement of Brazilian firm 1305 Odebrecht in the project have resulted in the deal being cancelled. Odebrecht has been linked to string of corruption scandals. The tender process for the 5km road section will be reopened as a result. The project is intended to cut journey times in Lima, with the work expected to cost US$200 million.

Road Structures

For more information on companies in this article

Related Content

  • Cost increases for major Chilean highway project
    November 15, 2013
    The cost of Chile’s Vespucio Oriente highway project is increasing, while its completion also looks set to be delayed. A 13% budget increase is now required due to additional costs from a number of factors such as urban landscaping, according to Business News Americas. The Américo Vespucio Oriente (AVO) expressway is being built in Chilean capital Santiago and was originally expected to cost in the region of US$940 million. However Chile’s Public Works Ministry, MOP, has said that the route will now cost so
    Read More
  • $1 billion Bengaluru road tunnel
    June 25, 2025
    A $1 billion Bengaluru road tunnel project is planned.
    Read More
  • Kenyan capital’s key connection construction contract cost climbs
    February 27, 2018
    The project to build the new highway link from Kenya’s capital Nairobi to the city’s Jomo Kenyatta International Airport (JKIA) is now expected to cost US$579 million. This represents an increase of around $206 million from the pricetag originally expected for the link. This cost increase comes despite a substantial change in the design, with the route now featuring a series of flyover sections and underpasses, instead of being elevated along its 43.5km length as originally proposed. This redesign will
    Read More
  • Costa Rica: Conavi gets more time and funds for road maintenance
    October 26, 2015
    Costa Rica’s road agency Conavi has extended the deadline and increase funds by $154 million for road repair and maintenance contracts. Contracts will be extended for the companies involved which include Constructora Meco, Grupo Orosi, Quebradores del Sur, Constructora Hernan Solis and Conansa. The Treasury Inspector's Office made the announcement, according to El Pais newspaper. Meanwhile, four banks are considering an investment in the 60km San Jose-San Ramon Road Expansion Project. They include
    Read More

Highlighted Content