Skip to main content

Peru road concessions announced

Peru's Transport Ministry has announced a series of new road concession deals in the country. One of the key concessions approved is for the road between Ica and Arequipa along the Panamericana Sur highway. Another concession due to be awarded is for section four of Longitudinal de la Sierra high connecting Huancayo and Abancay.
April 5, 2016 Read time: 1 min
Peru's Transport Ministry has announced a series of new road concession deals in the country. One of the key concessions approved is for the road between Ica and Arequipa along the Panamericana Sur highway. Another concession due to be awarded is for section four of Longitudinal de la Sierra high connecting Huancayo and Abancay.

Related Content

  • Colombian concession contracts cause concern
    June 13, 2014
    A report from insurance firm AIG warns that up to half of Colombia's 4G highway concessions could face financial hurdles due to over-estimated predictions of traffic flows. Colombia is at present putting out to tender its fourth generation (4G) concessions, which involve some US$25 billion in investment, reports Business News America. This investment is impressive and is Latin America's biggest move to expand and improve road infrastructure. But while many companies have shown interest and were prequalified
  • Peru US$6.4 billion highway proposal
    August 23, 2024
    Peru is proposing a US$6.4 billion highway project, while a $3.4 billion ring road is planned for capital Lima.
  • Paruvian road concession package cancelled
    April 26, 2019
    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.
  • Key road projects in Venezuela have stalled
    September 15, 2017
    A series of key road projects in Venezuela have fallen victim to the country’s overall financial paralysis, a result of its plummeting economy and its disastrous political climate. Insufficient finances have seen work to construct the La Verota-Kempis, Circunvalacion Sur-Caracas and Caracas-La Guaira highways now being stalled for two years.