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

  • A new highway for northern Colombia
    July 17, 2023
    The Pamplona-Cúcuta highway is playing an important role for the development of northern Colombia
  • Vietnam bridge, road and highway development projects
    June 20, 2018
    Vietnam is pushing ahead with a series of road, highway and bridge projects that will improve the country’s transport network. Feasibility studies for three stretches of the North-South Expressway have been received by Vietnam’s Ministry of Transport (MoT). The 29km stretch from Nha Trang to Cam Lam is expected to cost US$177.9 million, with work starting in 2019 and due for completion in 2021. The 60km stretch from Dau Giay to Tan Phu will be built from 2018 to 2022. The 101km stretch from Vinh Hao to Pha
  • Funding problems for major Polish highway project
    May 9, 2012
    The long tale of woe concerning Poland’s troubled A2 highway project looks set to continue with the latest developments in the case. The Chinese contractor China Overseas Engineering Group Co (Covec) is appealing against a decision made by the Polish national road authority GDDKiA. The Polish authorities cancelled the contract that COVEC had previously been awarded to build a section of the A2 highway between Warsaw and Lodz.
  • Colombia road projects delivered
    September 24, 2020
    Important road projects in Colombia have been delivered successfully.