The Promotion of Private Investment (PROINVERSIÓN) has announced that three bidders prequalified to present their technical and economic proposals to the international public tender that will allow the financing, construction, acquisition of rolling stock, operation and maintenance of the Huancayo – Huancavelica Railway (FHH).

Those prequalified for the railway project known as 'Tren Macho' are the Consorcio Ferrocarril HH (Sociedad Anónima de Obras y Servicios, COPASA Sucursal del Perú and Ferrocarril Wanka SAC), Consorcio Concesionaria Ferroviaria del Centro (Construccion y Administracion SA and Hidalgo e Hidalgo SA ) and the company Mota-Engil Perú SA. 

The project aims to enhance transportation services, ensuring safety, efficiency, and reliability for the benefit of 1.2 million residents of Junín and Huancavelica. It involves refurbishing seven stations and 20 stops, with seven daily circulations planned: six daily passenger-only circulations in each direction and one mixed transportation circulation daily in each direction, catering to both passengers and goods. Additionally, the project entails installing new rails on the main track, replacing existing wooden sleepers with concrete ones, implementing drainage system improvements (longitudinal and transversal) along the entire route, renovating 15 railway bridges, revamping yards, and constructing a new repair and maintenance workshop, among other interventions.

The project will be concessioned for 30 years (comprising 5 years for design and construction and 25 years for operation and maintenance) and includes upgrading the existing railway infrastructure to increase maximum speed capacity to 96 km/h for passenger transport and 64 km/h for passengers and freight. The project award, scheduled for Q2 of 2024, requires an estimated investment of US$ 394 million to modernize 128.7 km of the Huancayo – Huancavelica Railway.