Construction contract of USD428 million awarded for Airport PPP project in Peru

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Construction contract of USD428 million awarded for Airport PPP project in Peru

Hyundai E&C has won the main construction project of the new international airport passenger terminal in Chinchero, Peru.

The contract award follows the latest site preparation deal for the project early this year and is valued at US$428 million. Hyundai E&C leads the joint venture (JV) of Sinohydro, ICA and HV Contatistas, where it represents 35%. The new airport terminal is part of the international airport development with a capacity of 5.7 million passengers per year in Chinchero, Peru. Located 15 km northwest of Cusco, the project aims to attract visitors to Machu Picchu.

The airport will feature state-of-the-art eco-friendly facilities, including terminal buildings, control towers, runways and moorings. The construction will last for 47 months and will be extended to 63 months when including repair and maintenance. The project will be implemented based on a fast-track approach of implementing design and construction at the same time.

The latest advanced design technique of Building Information Modeling (BIM) will be applied to digitize and manage the entire process from design, construction to maintenance. Moreover, 3D building modeling will be used to not only differentiate designs, reduce the construction period, and save construction costs, but also maximize energy-saving efficiency.

Team Korea including Korea Airports Corporation (KAC) and Hanmi Global, will serve as the PMO (Project Management Office) overseeing the overall project from design review, construction process and quality control and commissioning on behalf of the Peruvian government. 

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