The Peruvian government has announced that the US$182 million construction of a road to link Tacna (Peru) with La Paz (Bolivia), via Collpa, will begin in 2015. This new road will benefit more than 268,000 people living in the south of Peru.
May 13, 2014
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The Peruvian government has announced that the US$182 million construction of a road to link Tacna (Peru) with La Paz (Bolivia), via Collpa, will begin in 2015. This new road will benefit more than 268,000 people living in the south of Peru.
Even as work continues on La Linea tunnel in Colombia, the country’s government has received a proposal for an additional tunnel link. A consortium made up of Colombian companies and Italian firms has suggested building a new tunnel to link Quindio and Tolima. Odinsa, Mincivil, Impregilo and Salini are involved in the consortium and have suggested a PPP as being a possible model under which to construct the link, which could cost in the order of US$531 million and would be 8.5km long. The economic case for
The Russian road sector looks set for international investment - Eugene Gerden writes
Amid the ongoing recovery of the Russian economy from the effect of Western sanctions, foreign investors are considering accelerating their activities in the Russian road building industry.
In recent months the establishment of joint ventures with local road building companies has become no longer as profitable for foreign investors as it was in the past. As a result the majority of foreign investors are considering
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.
