📋 Tender Overview
Transfer carried out by MTC consolidates the AVP as the first initiative executed by the Agency under the new regulations that strengthens its role as a project executing entity.Lima, February 3, 2026.- The Ministry of Transportation and Communications (MTC) transferred the documentary collection and resources linked to the Peripheral Road Ring project to the Private Investment Promotion Agency (PROINVERSION), an act that formalizes the agency as the owner of the project under its new role as executing entity.
The transfer was carried out through a protocol signature headed by the Minister of Transportation and Communications, Aldo Prieto and the executive president of PROINVERSION, Luis Del Carpio, through which the delivery and reception of the documentary collection, movable and immovable property, obligations, contracts and resources linked to the exercise of their functions regarding the project was formalized, in compliance with the new regulatory framework established by Law No. 32441 and its regulations.
The executive president of PROINVERSION, Luis Del Carpio, highlighted that this administrative and operational milestone consolidates the Peripheral Road Ring as the first initiative executed by the Agency under the new regulations that strengthens its role as a project executing entity, marking the beginning of a more active, comprehensive and efficient management stage in the development of Public-Private Partnerships (PPP) in Peru.
For his part, the Minister of Transportation and Communications, Aldo Prieto, recalled that the Peripheral Road Ring is the largest PPP project awarded by PROINVERSION in the last 10 years and will directly benefit around 4.5 million people in Metropolitan Lima and Callao.
The project includes the design, construction, financing, operation and maintenance of a 34.8 kilometer highway that will interconnect Callao with eleven districts of the capital, optimizing urban and logistical connectivity. The supervision of the AVP will be the responsibility of OSITRAN, in accordance with applicable laws.
ABOUT AVP
The concession contract, signed on November 12, 2024, closed the award process carried out in April of the same year. The initiative contemplates a total estimated cost of US$ 3.4 billion, of which US$ 2.3 billion correspond to investment in infrastructure, US$ 800 million to release of properties and interferences and US$ 300 million to other associated costs.
The new highway will allow a strategic interconnection with the Panamericana Norte, Panamericana Sur and the Central Highway, in addition to facilitating access to the port of Callao, the Jorge Chavez International Airport, the port of Chancay and the future Industrial Park of Ancon, with a direct impact on logistics competitiveness and national productivity.
The project will be developed in three sections: 8.7 km between the Ovalo 200 Millas and the Panamericana Norte (Ovalo del Naranjal); 15.1 km between Panamericana Norte and Ramiro Priale Avenue; and 11.0 km between Ramiro Priale Avenue and Circunvalacion Avenue, before Rosa Toro Avenue.
In terms of transportation efficiency, the road will allow substantial reductions in travel times, such as the journey between Ate Vitarte and Independencia, which will go from 60 to 15 minutes. Likewise, it will generate approximately 70 thousand direct and indirect jobs during the construction stage and an additional 20 thousand in the operation and maintenance phase. The concession term is 30 years from the signing of the contract.
With this delivery and reception process, the governance and traceability of the assets and commitments associated with the project are strengthened, ensuring operational continuity and technical-legal support for its execution.
