Skip to main content

Peru plans Pan-American project

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
January 9, 2015 Read time: 2 mins
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 Arequipa's Pisco steelworks, Milpo's Cerro Lindo zinc mine, the Peru LNG gas export plant and the Camisea gas fractionation plant.

The concessions have faced delays stemming from a lack of agreement between the central government and concessionaires over technical parameters. The projects form part of the transport and communications ministry's US$3 billion infrastructure budget for 2015, which includes the awarding of 2,000km of concessions to repair the Pan-American Highway.

In addition, the 2,376km Andean longitudinal highway will be 100% paved by July 2016. The Peruvian Government is planning to award concessions for stretches two, four and five of the highway this year.

Related Content

  • Peru capital ring road tangle
    June 27, 2016
    The project to construct a new ring road around Peru’s capital Lima is facing a difficult tangle that has to be unravelled. However the contractor tasked with the construction work, Grupo Ferrovial, is hoping to be able to make up time and start work in January 2017. The tangle needing to be addressed is between Peru’s Ministry of Transport and Communications and the authorities in the city of Lima as the two parties have not agreed the details of the project. The contractor believes it can start work in ti
  • 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
  • China looks to the future with major highway plans
    February 15, 2012
    China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
  • Brazilian conglomerate Odebrecht continues to invest in Peru
    April 27, 2015
    Brazilian conglomerate Odebrecht plans to invest around US$1.5 billion in Peru this year, the company’s head of operations for Peru said. Ricardo Boleira, said has 15 contracts for 2015 and the total value of its operations in the country stands at $13.7 billion. Around $2 billion has been invested in roads, with upwards of $500 million in irrigation projects and $900 million for energy contracts. Odebrecht is a family-owned business started in 1944 and operates in construction, petrochemicals, transp