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ProInversión relaunches hwy 6 bidding

Bnamericas Published: Monday, April 25, 2005
Peru's investment promotion agency ProInversión has relaunched bidding to operate the Puente Pucusana-Cerro Azul-Ica stretch of highway 6, an agency highway affairs official told BNamericas. ProInversión voided the original process after only one of the five qualified bidders, the Binacional Andino consortium (Hidalgo Hidalgo-Conorte-Casa), submitted an offer. Rules called for at least two bidders. Bidding rules for the new process will go on sale Thursday, said the official, adding that offers are due by July 8. Further details were not released. Groups that did not present an offer were Consorcio Vial 6 (Graña & Montero-JJC-Besalco), Consorcio Málaga Hermanos-Equimac-Vialco, Convial Panamericano and Planova Planejamento y Schain. The contract entails maintaining the 74km Puente Pucasana-Cerro Azul section and building the 149km Cerro Azul-Ica stretch, roughly 300km south of the country's capital Lima. Some US$167mn would have to be invested. According to ProInversión, the 25-year contract is attractive as it is one of the country's busiest highways, and economic development growth is expected in the highway impact zone (Chincha, Cañete and Pisco). The government will guarantee a minimum income during the first years of the concession.

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