2009-08-21

Peru's transport regulator Ositran is considering requesting a 5mn-sol (US$1.68mn) loan from the economy and finance ministry (MEF) to improve the supervision of transport concessions, government news agency Andina reported.

2009-08-21

Canadian heavy equipment distributor Finning's (TSX: FTT) South American unit, Finning Sudamérica, has inaugurated in Chile two logistics centers and a corporate office valued at US$33mn, the company reported in a release.

2009-08-19

Mexico's transport and infrastructure ministry (SCT) tendered projects and awarded contracts for 41bn pesos (US$3.13bn) in the first seven months of this year, equivalent to 84% of its 2009 budget, the ministry said in a release.

2009-08-19

The firm Corporación Andean Railways expects to begin operating the Cuzco-Machu Picchu rail line in two or three weeks, according to the firm's executive president José Amado.

2009-08-19

Local transport firm Agencias Universales (Agunsa) presented the lowest offer in the tender to concession southern Chile's Carlos Ibáñez del Campo airport in Punta Arenas, the public works ministry (MOP) reported in a release.

2009-08-19

Brazilian national development bank BNDES disbursed 75.1bn reais (US$40.0bn) in January-July, an increase of 65% over the same period in 2008, the bank said in a statement.

2009-08-19

Argentine firm Roggio presented a proposal to Córdoba city authorities to build a subway line, the local government reported in a release.

2009-08-19

The mayor of Ecuadorian capital Quito, Augusto Barrera, was scheduled to meet with international financial entities on Tuesday to discuss the concession contract of the city's new airport, local press reported.