A consortium of Colombian and Peruvian companies won a concession to build a highway requiring an estimated $396 million of investment, the Peruvian government said.
A group that included Colombian firms Pavimentos Colombia SAS and Nexus Infraestructura SAS and Lima-based Chung & Tong Ingenieros SAC beat out two other groups in the bidding, Peru’s private investment promotion agency said in an e-mailed statement today.
The 25-year concession is to build and maintain a 430- kilometer (267-mile) highway connecting Arequipa in the southern highlands with the Chilean border.
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