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

  • Colombia’s tunnel of woe faces further setback
    May 19, 2017
    The troubled tunnel construction project in Colombia to build the La Linea link has faced yet a further setback in its long tale of woe. The tender for the completion of the final 12% of the tunnel project has not managed to attract any interest from contractors. The budget for this work is an estimated US$77 million. A new tender process is being launched, with a submission deadline of 6th June 2017 and planned winner announcement on 4th July 2017. The contractor that had been building the tunnel failed to
    Read More
  • Who is cut out for Perm, Russia contract?
    May 1, 2012
    The Ural Federal Highway Administration (UFHA) has issued an open tender to reconstruct a 20km section of Perm-Yekaterinburg road in the Perm region (Urals) of western Russia. The starting price of the contract is US$129.51million, with the work asked to be completed no later than 1,220 days after its award. When evaluating bids, UFHA says it will take into account terms of the contract, the coefficient of the criterion standing, cost, previous quality of work, and personnel qualifications. The bidding dead
    Read More
  • ARTBA reacts to US transportation budget
    February 9, 2012
    The US-based American Road & Transportation Builders Association (ARTBA) has revealed its response to plans by the US Government to invest in infrastructure. According to ARTBA, the current US Administration has proposed investing a total of US$128 billion in transportation for 2012 financial year.
    Read More
  • Bulgaria lets contract for Struma Motorway’s Zheleznitsa Tunnel
    February 15, 2019
    A consortium including local firms GP Group, Global Construction and Via Plan will build the 2km Zheleznitsa Tunnel, part of the Struma Motorway. The contract is worth around €97.5 million and the tunnel will be the longest in Bulgaria. The EU Cohesion Fund will co-finance the project, along with the Bulgarian government under the Operational Programme Transport and Transport Infrastructure 2014-2020. Completion is set for the end of 2023. Two previous tender processes to award the construction con
    Read More

Highlighted Content