Peru is planning major infrastructure expansion

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 Airport, and a US$101 million revamp of Pisco’s port.