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

  • Brazil launches new transport infrastructure investment plan
    August 30, 2012
    The Brazilian government has announced a new transport infrastructure investment plan involving the concession of motorway operations and modernisation of the railway sector. The private public partnerships are predicted to lead to an investment of US$65.68 billion (BRL 133bn) in the next 25 years, including US$ 39.63 billion (BRL 80bn) to be spent in the first five years of the contract.
  • Ecuador road widening project planned
    July 3, 2018
    A road widening project worth US$134.3 million is now going ahead in Ecuador. The road connecting Aloag with Santo Domingo is being improved along a 100km stretch, widening the route so that it will feature two lanes in either direction instead of the single lane in either direction at present. This will boost the transport connection between Pichincha Province and Santo Domingo de los Tsachilas Province. The contract was originally awarded in 2015 but stalled in 2017 following a disagreement over tolling.
  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
  • Bogota transport infrastructure boost
    April 26, 2016
    The Colombian Government is investing in road infrastructure development, with a large portion of the budget being directed to Bogota. The road infrastructure programme includes 22 projects that will help cut chronic congestion in Colombian capital Bogota. Construction works for Avenida Longitudinal de Occidente (ALO) road expansion are expected to start in the first half of 2016. These will run from the Mondonedo intersection to Boyaca Avenue, in the southern part of the city. The budget for this project i