The Anillo Vial Periférico consortium, led by Ferrovial, Sacyr, and Acciona, secured a $3.4 billion investment to develop Lima’s Peripheral Ring Road through a concession agreement. Ferrovial’s subsidiary, Cintra, holds 35% ownership, while Sacyr and Acciona each hold 32.5%. Proinversión announced the decision on April 4, 2024, after a 90-day period for Expressions of Interest. The project aims to address mobility challenges in Lima and its surrounding areas, integrating with local, regional, and national road infrastructure plans.
This project encompasses the design, funding, construction, administration, and upkeep of a 34.8-kilometer urban toll road, linking 11 districts in Greater Lima and one in Callao, benefiting 4.5 million residents. Toll-free lanes in both directions along the main route will enhance citywide connectivity. Anticipated to create over 70,000 jobs, including 5,000 directly related, during construction, with an estimated 20,000 direct and indirect jobs annually upon completion. This infrastructure marks a significant advancement in Peru’s road network, expected to enhance traffic flow, road safety, and regional economic growth.
Utilizing cutting-edge technology like Building Information Management (BIM), Asset Management, and Intelligent Transportation Systems (ITS), the Peripheral Ring Road project ensures efficient and safe management of the infrastructure. Operating under a co-financed Public-Private Partnership (P3) model, toll revenues will cover operational and maintenance costs, partially reimbursing the initial investment. The concession spans 30 years from contract signing or until the designated Present Value of Toll Revenues (PVR) is met, with provisions for extension if necessary.
