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LatinNews Daily - 19 June 2025

In brief: Peru announces major roadbuilding project

*Peru’s investment promotion agency (Proinversión) has announced that in July it will award a contract for a 965km roadbuilding and maintenance project as part of a public-private partnership totalling an estimated US$1.58bn. Proinversión said that the road, Carretera Longitudinal de la Sierra Tramo 4, would directly benefit 1.6m people in the central and southern regions of Junín, Huancavelica, Ica, Ayacucho, and Apurímac. The contract, which will also include a 25-year commitment to road maintenance, is being sought by eight companies: Spain’s Sacyr Concesiones and Obrascón Huarte Lain; Colombia’s Concesionaria Vial del Centro, Consorcio Carretera de los Andes, and Consorcio R&R; the Peruvian branch of Chinese majority state-owned China Communications Construction Company; and Peru’s Operadora SurPerú.

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