Projects - Weekly snapshot

Publicado el 16/10/2017

Áreas de Práctica: Financiamiento de Proyectos

 


From Tuesday, October 10th to Monday, October 16th, 2017

SPOTLIGHT

The company Puerto Sur Peru hopes to achieve, by the end of 2017, an agreement with US partners regarding the construction of a private iron boarding port in Caravelí, Arequipa. The first phase of construction would require an investment of US$ 160 million

According to Frank Boyle Alvarado, chairman of the board of directors of Puerto Sur Peru, it is expected during the last quarter of the year that the company will reach an agreement with its US partners in order to advance with the implementation of the project for the construction of a private port for the shipment of iron sponge in the province of Caravelí - Arequipa.

According to the company's officials, during the first half of 2018 it will be necessary to have the permits and licenses for the initiation of the construction of the project, which will receive iron concentrate from Minera de los Andes any el Pacífico (part of the Bayona Group).

The beginning of the construction of the first stage of the project, which will require an investment of US $ 160 million, is expected for the second half of 2018, while the start of its operations is scheduled for the second half of 2020.

According to information provided by the Ministry of Energy and Mines, the delivery of the assets of the project "Gasoducto Sur Peruano" would take place within a maximum period of 45 days

The Ministry of Energy and Mines confirmed the execution of an agreement with the consortium Gasoducto Sur Peruano, in which they agreed the terms for the delivery of the assets of the natural gas pipeline project located in the south of the country. The agreement was taken under the terms approved by Emergency Decree N° 001-2017.

By virtue of the signed agreement, the consortium will deliver the project assets to the company Estudios Técnicos S.A., an administrator appointed by Osinergmin, who will be responsible for the custody and conservation thereof. The delivery schedule agreed between the consortium and the administrator will have a deadline that cannot exceed 45 calendar days.

The assets to be delivered include the works, equipment and facilities provided for the execution of the project, as well as engineering studies prepared by the concessionaire. Nevertheless, it is pending to determine the following steps after the delivery of the assets, since the Emergency Decree N° 001-2017 does not establish a procedure for the valuation of such assets, which according to the consortium would be approximately US$ 2,500 million.

MONDAY 16

  • According to Sea Food Source, at least 5 companies are interested in the acquisition of Copeinca during the restructuring process of China Pacific Andes (Gestión).

  • The Nicaraguan construction company Meco reported its interest in participating in the infrastructure market in Peru and in the tender of major investment projects (Gestión).


FRIDAY 13

  • San Martín Contratistas Generales was awarded with the construction of the Dams for Relapse Huacacocha 1, 2, and 3 in Antamina, with a total investment of US$ 9 million (Gestión).

  • According to information provided by the Ministry of Energy and Mines, the delivery of the assets of the project "Gasoducto Sur Peruano" would take place within a maximum period of 45 days (Gestión).

  • On October 30th, ProInversión will begin a tour to promote private investment in infrastructure projects, in the cities of Madrid and London (Gestión).


THURSDAY 12

  • The Gasoducto Sur Peruano consortium and the Ministry of Energy and Mines signed an agreement for the delivery of the assets of the project (Gestión).

  • The Ministry of Transport and Communications reported that 69% of land has been delivered for works on the Central Highway (Gestión).

  • The Board of Creditors of Doe Run Peru reported that the auction of assets of the company will be carried out during the first months of 2018. To date, the corresponding regulations for those auctions are pending of approval (Gestión).


WEDNESDAY 11

  • The Transport Investment Supervisory entity (OSITRAN) reported that several works scheduled in different sections of the concession of the Central Highway have not yet been completed and are behind the approved schedule (Gestión).


TUESDAY 10

  • The company Puerto Sur Peru hopes to achieve, by the end of 2017, an agreement with US partners regarding the construction of a private iron boarding port in Caravelí, Arequipa. The first phase of construction would require an investment of US$ 160 million (Gestión).

  • The Ministry of Transport and Communications, through Provías Decentralizado, reported that it is financing 22 projects of public investment in infrastructure in Arequipa, for a total amount of US$ 47 million (Gestión).

  • Last October 9th was the deadline for the presentation of private initiatives for the development of infrastructure projects in the water and sanitation sector, granted by ProInversión and the Ministry of Housing and Construction (Gestión).

 


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If you need more information, please contact Milagros Maraví (mmaravi@rubio.pe) or Carlos Arata (carata@rubio.pe)