Peru seeks potential investors for USD900 million Highway PPP Project

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Peru seeks potential investors for USD900 million Highway PPP Project

The Private Investment Promotion Agency (PROINVERSIÓN) has organized the Market Sounding of the Longitudinal Highway of the Sierra Section 4 project in Peru.  

The event aimed to gather feedback and inquiries from potential investors in the transportation sector while providing updates on the project's progress, contract details, and financial aspects. The project includes a 955-km concession that connects the Junín, Huancavelica, Ayacucho, Apurímac, and Ica regions. Out of this total, 770 km is allocated for initial periodic maintenance, 180 km for rehabilitation and improvement, and 5 km for construction, operation, and maintenance. The objective is to attain minimum standards of trafficability, comfort, and safety along the route. 

The project is scheduled to be awarded in the Q1 of 2024, with an estimated investment of US$900 million. The concession scheme, facilitated through a public-private partnership (PPP), enables the government to construct, finance, maintain, and renew the infrastructure over a specified period.

 

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