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Infrastructure Alert – April 2023

ALERT- INFRASTRUCTURE

PROINVERSIÓN re-launches the Longitudinal Highway of the Highlands – Section 4 project

 

On March 31, 2023 PROINVERSION announced the re-launching of the public tender for the award of the concession of the Longitudinal Highway of the Highlands – Section 4 (“Project”). The Project is a co-financed state initiative that consists of the concession of 955 km of road connecting the departments of Junín, Huancavelica, Ayacucho, Apurímac and Ica. The future concessionaire will be responsible for three (3) types of interventions: (i) the initial periodic maintenance of 770 km of road; (ii) the rehabilitation and improvement of 180 km of road; and (iii) the construction, operation and maintenance of 5 km of road.

The Project is expected to benefit 1,600,000 inhabitants within its area of influence based on the commercial, agricultural, and tourism movement along the road, which will result in economic growth in the departments of Junín, Huancavelica, Ayacucho, Apurímac, and Ica.

Currently, the Project is in full competition; however, PROINVERSION has communicated that it is working on updating the Project documents for the prompt awarding of the Project. Thus, the following schedule has been tentatively drawn up:

Target date Target
1 May 2023 Technical and economic update of the project.
2 June 2023 Update of the bidding conditions and elaboration of the initial version of the contract.
3 Until November 2023 Pre-qualification of bidders.
4 December 2023 Preparation of the final version of the contract.
5 January 2014 Project awarding.

For further information, please contact Veronica Sattler (vsattler@estudiorodrigo.com), Alejandro Manayalle (amanayalle@estudiorodrigo.com) and/or Diana Briones (dbriones@estudiorodrigo.com).