Projects - Weekly snapshot

Publicada en 10/07/2017

Áreas de Práctica: Financiamiento de Proyectos

 


From Tuesday, July 04th to Monday, July 10th, 2017

SPOTLIGHT

ProInversión announced that in September it will award the projects "500 kv Line Mantaro-Nueva Yanango-Carapongo and 500 kv Line Nueva Yanango-Huanuco and associated substations"

ProInversión's executive director, Álvaro Quijandría, stated that after the recent award of the "Amazon Waterway" project, the following projects to be awarded will be the 500 kv Mantaro-Nueva Yanango-Carapongo and 500 kv Nueva Yanango-Huanuco links and its associated substations.

These projects, which represent a joint investment of US$ 500 million, will be awarded under the form of an integral project contest. Thus, at the end of the term of the concession, the projects will be transferred in favor of the Peruvian state.

The consortium “Hidrovías II”, formed by of Sinohydro (China) and Construction and Administration S.A. (Peru) was awarded with the project "Amazon Waterway – Second Call"

Last Thursday, ProInversión held the ceremony for the awarding of the project "Amazon Waterway, being the consortium “Consorcio Hidrovías II” the winner of the bidding process, which is formed by the companies Sinohydro (China) and Construcción y Administración S.A. - CASA (Peru).

This project, with an approximate investment of US$ 95 million, will improve the navigability conditions of the rivers in the Peruvian amazon for cargo and passengers transportation, and will improve regional and national trade, reducing the costs of users' connectivity as well as risks to the transportation services.

Consorcio Hidrovías II was awarded with the project by offering a lower amount of co-financing for the construction, operation and maintenance process during the 20 years of concession. It offered an Annual Payment for Works of US$ 24.4 million and an Annual Payment for Maintenance and Operation of US$ 17.8 million.

In addition to the winning consortium, renowned international companies participated such as Jan Del Nul N.V and China Communications Construction Co. - CCC.  

MONDAY 10

  • The company Urbi Propiedades announced that on July 13th it will be signing the contract with the Provincial Municipality of Ilo for the construction of a strip center project of the Plaza Vea brand, with an estimated investment of US$ 15 million (Gestión).

  • Odebrecht is considering legal actions against the court order that prohibits the company from transferring the shares that holds in Trasvase Olmos S.A. And H2Olmos S.A. (Gestión).

  • The company Monte Azul Logística declared that it plans to invest US$ 54.6 million in the Arequipa fuel logistics system project, which includes the construction of a reception, storage and fueling terminal in the city of Mollendo (Gestión).

 


SUNDAY 09

  • The Ministry of Economy and Finance transferred resources in favor of different local governments to finance urban sanitation (8) and rural sanitation (85) investment projects, for a total amount of US$ 79 million (Gestión).


FRIDAY 07

  • Odebrecht reported that the Peruvian Judiciary approved the request for a prohibition order made by the Public Prosecutor's Office, which prohibits the company from transferring the shares it holds in the companies Trasvase Olmos S.A. And H2Olmos S.A. (Gestión).

  • The Ministry of Transport and Communications announced the implementation of new measures to unlock the execution of the project "Line 2 of the Metro of Lima and Callao" (Gestión).

  • ProInversión announced their plans to award the projects "500 kv Line Mantaro-Nueva Yanango-Carapongo and 500 kv Line Nueva Yanango-Huanuco and associated substations" in September (Gestión).

  • The project "Longitudinal de la Sierra Section IV" would be awarded before the end of the year, according to ProInversión (Gestión).

  • The consortium “Hidrovías II”, formed by of Sinohydro (China) and Construction and Administration S.A. (Peru) was awarded with the project "Amazon Waterway – Second Call" (Gestión).

  • The Reconstruction Authority stated that the first reconstruction works will be executed through the scheme of works for taxes in the city of Trujillo. On the other hand, Piura region reported that it has a portfolio of projects with a total value of US$ 48 million waiting to be developed through the same scheme (Gestión).

  • The Prime Minister, Fernando Zavala, announced that the government has US$ 611 million in resources for the reconstruction process (Gestión).


THURSDAY 06

  • The bankruptcy administrator of the assets of Doe Run Peru, Dirige, announced that the new auction of the assets was declared deserted, which had a base price of at US$ 271.7 million (Gestión).


WEDNESDAY 05

  • ProInversión stated that the new tender for the project "Gasoducto Sur Peruano" will be carried out during the first half of 2018. The entity is evaluating the appointment of an expert auditor to perform the valuation of the project’s assets (Gestión).

  • Alvaro Quijandría, executive director of ProInversión, declared that in 2018, PPP projects will be awarded for a total amount of US$ 10 billion (Gestión).

  • The Peruvian government is interested in promoting the participation of Spanish companies in different innovation infrastructure projects (Gestión).

  • The concessionaire Kuntur Wasi delivered to the Ministry of Transport and Communications the renewal of the performance bond in accordance with the provisions of the concession agreement of the project "International Airport of Chinchero " (Gestión).

  • The Ministry of Development and Social Inclusion presented a portfolio of 95 projects to be executed under the scheme “works for taxes”, with an estimated total investment of US$ 85 million (Gestión).


TUESDAY 04

  • According to the New Lands Owners Association of the Olmos project, there are investments for US$ 100 million stopped, mainly because of natural disasters in the north of the country (Gestión).

  • The Justice Commission of the Congress approved a substitute text that contains proposals to modify the Urgency Decree No. 003-2017. One of the main points to be modified would be the term of this regulation (Gestión).

  • The port operator “Puerto Sur Peru” (part of the Bayona Group) announced that between the end of 2017 and the beginning of 2018, the construction of a port terminal for minerals in the province of Caravelí, Arequipa, will initiate, with an estimated investment of US$ 100 million (Gestión).

  • The sale of Odebrecth's assets in the Olmos project in favor of Brookfield and Suez is pending of approval by the Regional Government of Lambayeque. Regarding the "Chavimochic" project, the company stated that they are still evaluating the structure of the sale process (Gestión).

  • ProInversión stated that in the first six months of 2017, 49 projects were awarded under the scheme “works for taxes”, totaling US$ 164 million (Gestión).

 

 


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