Skip to main content

Peru plans unblocking pathways to projects

The Peruvian Government plans to push ahead with a series of transport infrastructure projects that have previously suffered delays. Recurrent issues over the size of many of the projects and the investment required have been amongst the factors causing the delays. Opening up funding routes for the projects could release investments worth up to US$6.75 billion in all. The Peruvian Ministry of Transport and Communications (MTC) is working on the necessary paperwork to allow work to commence on roads worth i
January 15, 2015 Read time: 2 mins
The Peruvian Government plans to push ahead with a series of transport infrastructure projects that have previously suffered delays. Recurrent issues over the size of many of the projects and the investment required have been amongst the factors causing the delays. Opening up funding routes for the projects could release investments worth up to US$6.75 billion in all.

The Peruvian Ministry of Transport and Communications (MTC) is working on the necessary paperwork to allow work to commence on roads worth in excess of $571 million in 2015. A number of issues relating to road concessions have been dealt with. The paperwork for the second stretch of the IIRSA Central inter-oceanic road, connecting Ricardo Palma in Lima and Cerro de Pasco, has now been handled, allowing the project to move forward. Delays have been caused due to the number of bodies involved in the process that have to process the data, including 2586 Ositran, MTC, 5919 ProInversion and MEF.

The MTC will award concessions for two stretches of the Panamericana road in 2015. One of these runs from Sullana to the La Paza international bridge on the border with Ecuador, and the other from Ica to the Quilca diversion in Arequipa. Stretches four and five of the Longitudinal de la Sierra road will also see progress, with this route being paved along its entire length by 2016. For the Longitudinal de la Selva road, the MTC is considering two private proposals for different stretches: Tarma-Ocopa port in Junin and Pumahuasi-Pucallpa. The MTC also has plans to build and renovate 455 bridges in 2015 and 270 in 2016.

For more information on companies in this article

Related Content

  • Peru is planning massive infrastructure investment
    July 12, 2013
    Massive plans for infrastructure investment have been revealed in Peru. The country’s transportation and communications ministry, MTC, intends to invest some US$20 billion in infrastructure by 2016. Public private partnerships will be used to develop many of the planned projects. Transport infrastructure figures heavily in the plans, with spending on highways, the Chinchero-Cuzco airport and Callao’s Jorge Chávez airport, and additions to Lima’s metro network. One of the key road projects will be for the Lo
  • Peru is planning major infrastructure expansion
    August 13, 2013
    Peruvian plans for infrastructure projects will see up to US$10.7 billion worth of concessions being awarded during 2013. This contrasts strongly with the $700 million awarded in 2012. One of the main highway projects is for the $552 million Longitudinal de la Sierra route. This will be put out to tender in the fourth quarter of the year according to Peru’s state investment promotion agency, ProInversión. Other key concessions being put out to tender in the fourth quarter are the $556 million Chinchero Airp
  • Peruvian road project paperwork delay
    May 12, 2021
    Paperwork problems have caused delays to a Peruvian road project.
  • Lima ring road in Peru delayed
    February 16, 2016
    The ring road project for Lima looks set to be hit by further delays. The construction seems likely to be delayed by a further 18 months due to the inability of Lima’s municipal authorities and the Peruvian Ministry of Transport and Communications (MTC) to settle key administrative agreements. Called the Anillo Vial Periferico, the new ring road is being built by the Cintra-JJC consortium.