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Costa Sierra Section 1B

Sector: Road • Location: Peru

Source: World Bank Group

Project
Active

In February 2007, Grana & Montero SAA signed a 15 year concession contract with the Peruvian ministry of transport and communications to build, rehabilitate, operate and maintain a 78 km stretch of highway in the Piura department. Costa Sierra Section 1B ran from Buenos Aires to Canchaque. It was the first section of the Costa Sierra highway, a rehabilitation program for 28 stretches of existing r

Status
Prospective
Sector
Road, Raw Materials, Government, Commercial
Location
Peru
Updated
22 Jul 2026
Source
World Bank Group

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The project “Costa Sierra Section 1B” is an infrastructure initiative in the Road sector, located in Peru. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

In February 2007, Grana & Montero SAA signed a 15 year concession contract with the Peruvian ministry of transport and communications to build, rehabilitate, operate and maintain a 78 km stretch of highway in the Piura department. Costa Sierra Section 1B ran from Buenos Aires to Canchaque. It was the first section of the Costa Sierra highway, a rehabilitation program for 28 stretches of existing roads in mostly rural areas of Peru totaling 1300 km. The program was also intended to enable agricultural products to get to market. The concession was awarded on October 31, 2006 in a public tender that included only one bidder: Grana & Montero SAA. The bidding criteria was the value of fixed government payments or Pago por Servicio (PAS) awarded every trimester. Following the signing of the contract in February, Grana & Montero SAA had 12 months to finish construction per the terms of the contract. Investments during this period were estimated at US $31 million. The concession had the possibility of a 5 year renewal at the end of its term.

Original sector

Transport

Procurement method

Budget

Location

Country

Peru

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Road, Raw Materials, Government, Commercial

Article published date

2024-09-28

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