Andina

Peru: Investments in concessions up 43%, totaled US$54.8 million

00:01 | Lima, Dec. 10.

Investments in Ositran-supervised concessions totaled US$54.8 million in October 2019, a 43.46% increase compared to the amount recorded in the same period last year.

This result was favored by investments in port terminals.

The State-run Supervisory Board for Investment in Public Transport Infrastructure (Ositran) explained that investments in ports amounted to US$22.6 million, a 1,222% growth compared to October last year.

This surge was led by investments —worth US$21.4 million— in Pisco-based General San Martin Port Terminal, which is 44.76% complete since concession.

Railways

Ositran explained that investments in railways totaled US$23.5 million in October this year, thus marking a 21.87% increase.

Peru's transport regulator noted that such growth was mainly attributed to investments in the Lima and Callao Metro Line 2, worth US$14.67 million.

In addition, it reported that investments in Lima Metro Lines stood out between January and October.

Thus, during the first 10 months of the year, investments made in Ositran-supervised infrastructure totaled US$476.6 million, of which 62% —or US$295.6 million— was invested in mass transit electric systems.

(END) SDD/RMB/MVB

Published: 12/10/2019