The Ministry of Economy and Finance (MEF), through the Private Investment Promotion Agency (PROINVERSIÓN), on behalf of the Ministry of Transport and Communications (MTC), awarded the concession for the Longitudinal de la Sierra Highway Section 4 in Peru.

The contract was awarded to Concesionaria Vial del Centro, after submitting the best technical and economic bid to execute this Public-Private Partnership (PPP), with a total estimated investment of US$1.582 billion. As a next step, the successful bidder must establish the concessionaire company for the contract signing, which is expected to be finalized in the third quarter of this year.

The concession of the Longitudinal de la Sierra Highway Section 4 contemplates three types of interventions: the construction of the new San Clemente Bypass (5.2 km), the rehabilitation and improvement of the Huancayo-Izcuchaca and Izcuchaca-Mayocc sub-sections (179.3 km), and the initial periodic maintenance of 780.7 km in the Mayocc-Ayacucho-Andahuaylas-Puente Sahuinto and Ayacucho-Huaytará-División Pisco sections.

The Highway will reduce logistics times and costs, increase road safety, strengthen regional production chains, and promote trade, tourism, and local employment. Its execution will allow the road to be rehabilitated, built, improved, and maintained for 25 years.