OHL Clinches Peru Road Concession

The government of Peru says it has awarded Spain’s OHL Concesiones the right to build a 360km long highway along the country’s coastline between the cities of Pativilca and Trujillo. OHL says it will invest $400m in the project but does not say how it intends to finance it. The concession is for 25 years, including the construction period, according to government information.