Bidders named for $400m Peru rail PPP.

Peruvian investment promotion agency ProInversión has announced the three qualified bidders for the $394 million Huancayo-Huancavelica Railway public-private partnership (PPP) project. The interested parties are Consorcio Ferrocarril HH, Consorcio Concesionaria Ferroviaria del Centro, and Mota-Engil. The project is expected to be awarded in the second quarter of 2024 and will have a 30-year concession term. The Huancayo-Huancavelica Railway, which has been operational since 1926, will undergo modernization, including the upgrading of stations, stops, bridges, and tunnels. [Extracted from the article]