Peru planning projects programme

The Peruvian investment promotion agency ProInversion says that it will not award contracts for all of the projects programmed for 2016. These are worth a total of US$1.29 billion and focus on transport and communications. Peru’s Association for the Promotion of National Infrastructure (AFIN) says that a reason for the delay to the works may be attributed to the impending end of term for Peru’s present administration. An incoming government may then opt to launch tenders for projects on the list for 2016 as
January 19, 2016 Read time: 1 min
The Peruvian investment promotion agency 5919 ProInversion says that it will not award contracts for all of the projects programmed for 2016. These are worth a total of US$1.29 billion and focus on transport and communications. Peru’s Association for the Promotion of National Infrastructure (AFIN) says that a reason for the delay to the works may be attributed to the impending end of term for Peru’s present administration. An incoming government may then opt to launch tenders for projects on the list for 2016 as part of its new strategy. The projects that may be delayed include sections of the Longitudinal de la Sierra motorway.
Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • Planned project progressing in Peru
    February 1, 2016
    Plans are progressing on a major tunnel project in Peru. The concession for the La Molina tunnel project in Lima has been awarded to Spanish firm OHL. The project will cost US$521 million. The 12.2km project includes building the 1.5km tunnel as well as sections of road and a number of viaducts. The new route will connect the districts of La Molina and Miraflores and will run through Surco, Surquillo and San Borja. OHL Concesiones Peru will carry out the technical studies for the project in 2017. Constructi
    Read More
  • UK government’s Highways Agency makeover to boost infrastructure
    July 17, 2013
    The government plans to turn the Highways Agency into a Network Rail-style public company as part of its efforts to boost national transport infrastructure. While the government has revealed plans for a long-term investment totalling €32.37 billion (£28 billion) in road-building, few projects are ‘shovel-ready’, with much of the investment backloaded until 2020. Funding levels will increase to more than €3.46 billion (£3 billion) a year by the end of the decade for major A-roads and motorways. The legislati
    Read More
  • Colombia’s La Linea Tunnel will be completed
    September 16, 2015
    Colombia's national road institute (Invias) has said that the La Linea tunnel project will open to traffic in 2017. The project has been delayed on several occasions and due to a variety of reasons, presenting a luckless and lengthy tale of woe for Colombia’s transport ministry. Early in its lifetime the project was held back by unexpected geological issues arising from more challenging ground conditions than had been initially realised. The project was also delayed by insurance problems for some of the fir
    Read More
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More

Highlighted Content