Projects - Weekly snapshot

Publicado el 30/07/2018

Áreas de Práctica: Financiamiento de Proyectos

 


From Tuesday, July 24th to Monday, July 30th, 2018

SPOTLIGHT

Jiangxi Copper associates with Zhongrong for the development of the "Pampa del Pongo" mining project, with an estimated investment of US$ 2,600 million

On July 20 companies Zhongrong Xinda Group (current operator of the project) and the Chinese company Jiangxi Copper Group signed a global cooperation agreement to form a joint venture that will be responsible for the development of the mining project in Arequipa.

Following the announcement, both companies are expected to build mining systems, installation equipment for water desalination, power transmission systems and support facilities. The project, to date, has the necessary permits to start construction works, so both companies are focused on obtaining the required financing for the development of the project.

Likewise, the existence of a railway project that connects mining projects in the south of the country with the port of San Juan de Marcona would greatly benefit the development and operation of the mining project.

MONDAY 30

  • Jiangxi Copper associates with Zhongrong for the development of the "Pampa del Pongo" mining project, with an estimated investment of US$ 2,600 million (Gestión).


FRIDAY 27

  • The World Bank approved a financing program for the modernization of the Water Supply and Sewerage Service Providers located in Cusco, Coronel Portillo, Arequipa, Huacho, Barranca and Huaral, for a total amount of US$ 70 million (Gestión).


THURSDAY 26

  • The hydroelectric project "San Gabán III" has delays in construction works due to the difficulty to acquire land in areas surrounding it. Total investment is estimated at US$ 560 million (Gestión).


WEDNESDAY 25

  • ICCGSA entered the bankruptcy process in order to restructure its debt structure. Creditors of the company must submit their request for debt recognition to participate in the next meeting of creditors (Gestión).


TUESDAY 24

  • The government approved modifications of the law to facilitate the transfer of public real state for public works (Gestión).

 


To access our INFRASTRUCTURE MONTHLY BULLETIN, click here

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