Peru concession awarded

The Yurimaguas consortium has been awarded a concession to build and manage a new port in the Loreto region of Peru.

Out of the three other pre-qualified bidders, only this grouping – made up of Peruvian and Ecuadorian construction companies – entered a full range of bids.

Investment of $43.7m will be needed for the terminal which will be built close to the town of Nueva Reforma, some 20 km downstream from the existing port.

In addition to the port, a new 10 km linking road will also be built as part of the 30-year concession.