The Private Investment Promotion Agency (ProInversión) updated the reference investment in the project “Improvement of Public Tourist Services of the Choquequirao Archaeological Park” (Choquequirao Cable Car) to US$220 million, from a previous estimate of US$200 million.
In this way, the Choquequirao Cable Car becomes the largest Public-Private Association (PPP) in the Tourism sector.
The PPP project will generate the conditions for more than 1 million tourists to visit the Archaeological Park, which will mean a considerable jump compared to the 8,000 people who currently attend per year.
The award of the project is scheduled for the first half of 2025. To date, ProInversión approved the Project Promotion Plan, whose objective is to establish the conditions, characteristics and modality to promote private investment.
Choquequirao Cable Car: more visitors in Cusco
The Choquequirao Cable Car project plans to carry out various works such as the construction of tourist routes, the central stations in Cusco (Yanama) and Apurímac (Huanipaca), as well as the cable car stations, departure and arrival and intermediate stations.
This will provide facilities to develop cultural, adventure and nature tourism, because currently a tourist if they want to visit Choquequirao must have 5 days to do so.
According to ProInversión, the demand from new visitors to this tourist destination in Cusco will boost tourist and related activity in the southern part of the country.
“It will mean a greater demand for accommodation, transportation, travel agencies, restaurants, gastronomy services, a greater number of guides and local commerce; which will have a dynamic effect on direct and indirect employment for the regions of Cusco and Apurimac,” he said. the agency.
Choquequirao Cable Car: stages of the PPP project
It is expected to call the project under the Comprehensive Project Competition mechanism, so that the successful bidder is responsible for the design, financing, construction, operation and maintenance of the project.
The process is carried out at the request of the Ministry of Foreign Trade and Tourism (Mincetur), the entity that will sign the PPP Contract as the owner of the project; At the end of the contract term, the public infrastructure will pass into the hands of the State.
In 21 years of creation, ProInversión has structured and awarded various projects in the tourism sector, such as ecological recreational centers, tourist complexes and the Kuélap Cable Car System, but none of the size and complexity of the Choquequirao Cable Car project.
Source: Larepublica
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