Successful Conclusion of Huancayo-Huancavelica Railway and CLS4 Projects: Attracting Top Spanish Companies and International Interest

2023-09-14 03:40:00

ProInversión reported that the bilateral meetings scheduled between the 11th and 12th of this month in the city of Madrid (Spain) to promote the Huancayo-Huancavelica Railway (FHH) and Carretera Longitudinal de la Sierra – section 4 (CLS4) projects were successfully concluded. ), whose awards are scheduled for December of this year.

He highlighted that both projects attracted the attention of world-class Spanish companies with experience in the development of road and railway infrastructure such as Aldesa, Sacyr, Copasa, Renfe, Ohla, among others.

It also attracted the attention of executives from Banco Santander and consulting firms such as KPMG interested in the payment scheme for both projects.

READ ALSO: Santa Rosa Bridge: How many interested companies are there and when will it be awarded?

Questions regarding the process

During the meetings, queries were answered regarding prequalification requirements, technical, financial aspects and schedule of each project that, together, require an estimated investment of US$ 1.3 billion (without VAT).

The modernization of the Huancayo-Huancavelica Railway (Macho Train), which will require an estimated investment of US$340 million (without VAT), will be a significant boost for the socioeconomic development of the Junín and Huancavelica regions, indicated ProInversión.

In addition, the project will further develop the tourist and agricultural potential of the area, while facilitating the population’s access to health, education, employment and commerce services.

For its part, the Longitudinal Highway of the Sierra Section 4 is a mega road project that will benefit more than 1.6 million Peruvians in the departments of Junín, Huancavelica, Ica, Ayacucho and Apurímac, promoting commercial, industrial, agricultural and tourist movement.

READ ALSO: Proinversión promotes road portfolio for US$ 1.3 billion in Spain

Promotion

In order to attract more investors to these two projects and to the ProInversión portfolio, in the remainder of 2023, the promoter entity’s team will be developing local and international events (Europe and Asia); and bilateral meetings in Peru and abroad.

In this sense, the entity will organize two Roadshows:

The first in Europe towards the end of September 2023 in the cities of London, Milan and Madrid. The second in Asia (China, Japan and Korea) next November.
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