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

  • Increased mobility for Mexico
    June 14, 2012
    Urban mobility is high on the infrastructure agenda in Mexico. Business News Americas spoke with Salvador Herrera, executive director of the Centre for Sustainable Transport (CTS), about the elements of a sustainable transport system and Mexico City's addiction to the car At the heart of Mexico City's transport policy is a contradiction that is typical of the country as a whole. The government is spending big on Line 12 of the metro system and has introduced the first Metrobús bus rapid transit (BRT) l
    Read More
  • China looks to the future with major highway plans
    February 15, 2012
    China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
    Read More
  • Mota-Engil wins Cardel-Poza Rica motorway contract in Mexico
    June 13, 2014
    Mexico's Secretarat of Communications of Transport (SCT) has awarded the contract to build the Cardel-Poza Rica motorway to Portuguese company Mota-Engil. The proposal made by the company, together with PRODI, of US$266.48 million (MXN 3.47 billion), was deemed the most feasible technically and financially. The offer was below the $307.53 million (MXN 4 billion) estimated for the project in the National Infrastructure Plan (PNI). The road will be located in Veracruz, spanning 129km between Laguna Verde and
    Read More
  • Panama’s projected plans for infrastructure
    July 3, 2015
    Panama’s Ministry of Public Works (MOP) is spending some US$2.96 billion during its present administration on infrastructure projects. These include the construction of a fourth bridge over the Panama Canal, which will link the Albrook district and the North Corridor. There are four road widening projects planned. The link between the Las Americas bridge and Arraijan will be expanded to eight lanes and the Panamericana road between La Chorrera and San Carlos will be expanded to six lanes. The Omar Torrijos
    Read More

Highlighted Content