Skip to main content

Peru plans Pan-American project

Peruvian plans for the Pan-American Highways expect key stretches of the route to be complete during July of this year and another during 2016. One construction company will complete its contract for the Chincha-Pisco stretch of the highway by July, reports Business News Americas. Meanwhile work on the the Pisco-Ica stretch should be finished in 2016. The work in Ica region is of importance to Peru’s economy as this area is home to the country’s biggest agro-export industries, Minsur's tin smelter, Aceros A
January 9, 2015 Read time: 2 mins
Peruvian plans for the Pan-American Highways expect key stretches of the route to be complete during July of this year and another during 2016. One construction company will complete its contract for the Chincha-Pisco stretch of the highway by July, reports Business News Americas. Meanwhile work on the the Pisco-Ica stretch should be finished in 2016. The work in Ica region is of importance to Peru’s economy as this area is home to the country’s biggest agro-export industries, Minsur's tin smelter, Aceros Arequipa's Pisco steelworks, Milpo's Cerro Lindo zinc mine, the Peru LNG gas export plant and the Camisea gas fractionation plant.

The concessions have faced delays stemming from a lack of agreement between the central government and concessionaires over technical parameters. The projects form part of the transport and communications ministry's US$3 billion infrastructure budget for 2015, which includes the awarding of 2,000km of concessions to repair the Pan-American Highway.

In addition, the 2,376km Andean longitudinal highway will be 100% paved by July 2016. The Peruvian Government is planning to award concessions for stretches two, four and five of the highway this year.

Related Content

  • Peru highway concessions face lengthy delays
    January 12, 2015
    Red tape and bureaucracy are to blame for delays to Peru’s highway concessions. Infrastructure association Afin cites these as the reasons the majority of Peru’s highway concessions have been held up, by as much as 10 years in certain instances. Business News Americas reports that so far, only 15% of Peru's 78,000km road network, around 12,445km, is paved according to Afin. The country has a particular need to revamp three major highways according to Afin: the 2,600km Pan- American highway, the 3,500km And
  • Peru plans unblocking pathways to projects
    January 15, 2015
    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
  • Peru is planning major infrastructure expansion
    August 13, 2013
    Peruvian plans for infrastructure projects will see up to US$10.7 billion worth of concessions being awarded during 2013. This contrasts strongly with the $700 million awarded in 2012. One of the main highway projects is for the $552 million Longitudinal de la Sierra route. This will be put out to tender in the fourth quarter of the year according to Peru’s state investment promotion agency, ProInversión. Other key concessions being put out to tender in the fourth quarter are the $556 million Chinchero Airp
  • Peru planning projects programme
    January 19, 2016
    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