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

  • Qatar reveals plans for US$12.36bn infrastructure projects
    January 16, 2014
    The Government of Qatar is reportedly near to agreeing deals for delivering a number of vital road transport and other infrastructure projects worth a combined US$12.36 billion (QAR 45 billion). Seven major expressways, other road development and repair projects, and key sewage infrastructure works make up the planned projects’ package. The expressway projects will have a combined road length of 900km, subways, flyovers and 240 major interchanges. In addition, the expressway projects will also include a h
    Read More
  • Brazil starts second stage of PIL, Programa de Investimentos em Logistica
    October 21, 2015
    Brazil expects the second phase of its logistics investment programme PIL (Programa de Investimentos em Logistica) to include 7,000km of new roads by 2018. In the first phase, between 2011 and 2014, more than 5,300km were built. The first auctions under the second phase are expected to be launched by the end of the year, according to Flavio Freitas, development and technology director for the Brazilian road operators association ABCR. PIL was launched in August 2012 to garner private sector investment fo
    Read More
  • US Government set to invest US$74.5 billion in transport
    March 15, 2012
    The US Government is set to invest US$74.5billion in transport improvements in the 2013 financial year (October 1, 2012-September 30, 2013), President Barack Obama has revealed.
    Read More
  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill
    Read More

Highlighted Content