The Private Investment Promotion Agency (PROINVERSIÓN) and the Ministry of Transportation and Communications (MTC) have organized an event to present the technical, legal and financial details of the Peripheral Ring Road project in the district of Callao, Peru.

The fresh investment of US$3.4 billion encompasses the planning, funding, construction, operation, and maintenance of a 34.8 km highway. This includes expenses associated with land acquisition and other project-related costs. The private initiative is presented by the Anillo Vial Periférico Consortium, consisting of Cintra Infrastructures SE, Acciona Concesiones de Infraestructuras SL, and Sacyr Concesiones Perú SAC. The highway's construction will enhance transportation routes in the city, promoting smoother traffic flow and reducing average travel time by 50%. This will, in turn, lower operating costs for both heavy and light vehicles and decrease logistics expenses for agricultural and mining products in foreign trade. The "smart highway," classified as such, will be granted through the Public-Private Partnership (PPP) model, featuring three lanes in each direction on the main expressway, along with toll-free auxiliary roads in both directions for enhanced district connectivity. The route comprises three sections:

1. Section 1 (8.7 km): Ovalo 200 miles (Callao) to Panamericana Norte (at the Ovalo del Naranjal).
2. Section 2 (15.1 km): Panamericana Norte to Av. Ramiro Prialé.
3. Section 3 (11 km): Av. Ramiro Prialé to Av. Circunvalación (before reaching Av. Rosa Toro).

The design speed is set at 80 km/h, with a slight reduction to 70 km/h at the Canta Callao-Naranjal curve. Key construction elements include two double tunnels (approximately 2 km each) in Section 2, crossing Amancaes hill and Mangomarca hill. The project also features eleven viaducts, sixteen underpasses, eighteen overpasses, and eleven intersections. Implementation of technologies such as Building Information Modeling (BIM) for design, an Asset Management System (SGA) for operation and maintenance, and Intelligent Transport Systems (ITS) for real-time control and capture systems will be integral to the project.