Río Siete-Huaquillas road PPP

22/7/2016
PPP

$ 1.837 billion

Announced

22/7/2016


Overview:

  • Río Siete-Huaquillas road PPP
  • Concesionaria del Sur (Consur) was awarded a 30 year concession to construct, operate, finance and maintain the Río Siete-Huaquillas road in Ecuador. 
  • This was the second public-private partnership (PPP) and the first road PPP in the country.
  •  The 95km road will have six lanes and border Peru. The road connects the Guayas and El Oro provinces.
  • Ecuador's Law on Incentives for PPP and Foreign Investment took effect January 2016 and provided the regulatory framework for PPPs.

Rani Mehta - Journalist 

Jurisdiction:

Ecuador

Deal type:

PPP

Practice area:

Project development

Industry sector:

Transport


Firms:

Party: Consur (Concessionaire)


Party: Consur (Concessionaire)