The final two sections of the $1.3-billion Interoceanic Highway in southern Peru were awarded in late August. The two sections make up the final 1,500 kilometers and will upgrade existing highways to be connected to the new system. The combined estimated costs of the two sections is $282 million. The first section, which runs from the Pacific port of San Juan de Marcona to the mountain town of Urcos, was awarded to the Peruvian Consorcio Interoceanica, made up of Grana y Montero, JJC Contratistas Generales and Ingenieros Civiles y Contratistas Generales S.A. The second section, which extends from just outside the southern highland town of Juliaca to the ports of Ilo and Mollendo, was awarded to a local joint venture of Hidalgo e Hidalgo S.A., Construccion Administracion S.A.C. and Consorte S.A. Work is to be completed within three years.
Final Two Links in Peru's Interoceanic Highway Awarded
September 5, 2007