COSAPI

What COSAPI does

COSAPI S.A. is a Peruvian engineering and construction company founded in 1960, publicly traded on the Lima Stock Exchange under ticker COSAPI, headquartered in San Isidro, Lima. The company operates through four business units: Cosapi Ingeniería y Construcción (core EPC services for buildings, infrastructure, and industrial plants), Cosapi Minería (large-scale earthworks and open-pit mining services), Cosapi Concesiones (infrastructure public-private partnerships including the US$5.49 billion Lima Metro Line 2 and US$405 million Majes Siguas irrigation concession), and Cosapi Inmobiliaria (residential real estate development in Lima). It serves enterprise and government clients in mining (Antamina, Anglo American, Hudbay, Shougang, Southern Copper, Cerro Verde, Chinalco, Continental Gold), banking (Banco de la Nación, BCP, Interbank), energy (ENGIE), and government infrastructure, executing projects across 13 countries with 5,001-10,000 employees and an operating capacity of 26 million man-hours per year.

The company monetizes primarily through project-based competitive bidding and long-term service contracts. Core engineering, construction, and mining services are delivered under multi-year EPC and professional services contracts with private and public sector clients. Concessions generate revenue through PPP arrangements with multi-decade horizons, and real estate generates one-time unit sales. The technology stack includes Virtual Design and Construction (VDC), BIM 4D/5D planning, SAP S/4HANA ERP, and proprietary digital tools (CosapUp, COSAPIA AI HR system, digital production reporting, Tareo Digital, infrared fatigue monitoring). Revenue grew from US$65 million in 2005 to US$419 million in 2013 (30.5% CAGR 2010-2013), with subsequent expansion via mega-concessions and digital productization expected to have materially grown the revenue base. COSAPI maintains first-in-market certifications across ISO 9001 (since 1999), 14001, 45001, 37001, and 37301 (first in Latin America construction sector), and a USD 10+ billion concessions pipeline.

Name

COSAPI

Legal name

Cosapi S.A. Ingeniería y Construcción

Website

https://cosapi.com.pe

Company type

Public

Founded year

1960

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

COSAPI is a Peruvian publicly traded engineering and construction company (founded 1960) operating through four business units—EPC services, mining services, infrastructure concessions, and real estate development—serving tier-1 miners, banks, and government clients across 13 countries.

Ownership category

akta.pro rank

Headquarters

HQ city

San Isidro

HQ country

Peru

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Ingeniería y Construcción: Engineering, procurement, and construction (EPC) services for complex projects including mining plants, infrastructure, commercial buildings, and civil works. Revenue is project-based and earned through competitive contracts with private and public sector clients.
2. Servicios Mineros (Cosapi Minería): Mining services including large-scale earth movement and open-pit mine exploitation. Provides long-term operational services to mining clients. Revenue is earned through service contracts.
3. Concesiones (Cosapi Concesiones): Infrastructure and public service concessions including Metro de Lima Línea 2 (US$5.49 billion investment) and Majes Siguas (US$405 million investment). Revenue is generated through public-private partnership arrangements.
4. Desarrollos Inmobiliarios (Cosapi Inmobiliaria): Real estate development of residential projects including Duplo (two 28-floor towers, ~400 apartments in Breña), Nesta (Jesús María), and Velia (Lince). Revenue from property sales.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

COSAPI is a Peruvian engineering and construction company that delivers integrated engineering, procurement and construction (EPC) services across four business units: infrastructure and industrial plant construction, large-scale open-pit mining services, public-private partnership infrastructure concessions, and residential real estate development in Lima. Its operational capacity exceeds 26 million man-hours per year across Peru and 13 additional countries, with multi-year contracts secured through competitive public bidding and direct enterprise negotiations.

Product overview

COSAPI is a Peruvian engineering and construction company with over 60 years of history, organized into four main business units: (1) Cosapi Ingeniería y Construcción provides core engineering, procurement, and construction services; (2) Cosapi Minería specializes in large earthmoving and open-pit mining services; (3) Cosapi Concesiones develops infrastructure and public services through public-private partnerships; and (4) Cosapi Inmobiliaria promotes residential real estate projects. The company also operates supporting functions including Universidad Corporativa Cosapi for internal training, the Centro de Capacitación Obreros and Escuela de Operadores for workforce development, and has developed proprietary digital tools including COSAPIA (AI-powered HR system), CosapUp (productivity tool), digital production reporting, and digital warehouse management systems. Safety training programs include No Juguemos a la Construcción and Talleres Vivenciales, while community programs focus on employment training through the Centro de Capacitación and Escuela de Operadores.

Differentiator

Problem solved

Functional benefit

Products and services

• Cosapi Ingeniería y Construcción Core engineering, procurement and construction (EPC) services business unit providing integrated project delivery for large and complex projects including buildings, infrastructure, industrial plants, mining facilities, hospitals, airports and wind farms, with five operating divisions (Edificaciones, Infraestructura, Plantas Industriales, Ingeniería e Internacional). Serves enterprise and government clients across Peru and 13 other countries.
• Cosapi Minería Specialized mining services subsidiary offering large-scale earthmoving and open-pit mining operations, including earthworks, mine facilities construction, maintenance services, equipment operations and assembly services. Provides long-term operational service contracts to mining clients across productive cycles.
• Cosapi Concesiones Infrastructure and public services concessions business unit developing and executing projects through public-private partnerships, including Línea 2 del Metro de Lima and Callao (US$5.49 billion total investment) and Majes Siguas irrigation project (US$405 million total investment). Concession pipeline exceeds US$10 billion.
• Cosapi Inmobiliaria Real estate development subsidiary promoting and managing residential housing projects in Lima, including Duplo (two 28-floor towers with ~400 apartments in Breña), Nesta in Jesús María, Velia in Lince, and PRANA in Pueblo Libre (the first building to benefit from Bono Mivivienda Sostenible). All projects are 100% Bono Verde certified.

Quantifiable outcome

• Achieved 2 million+ man-hours without disabling injuries on Antamina San Gabriel project in 2025
• +9 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

14 partnerships are on record, tiered minor, core and flagship.

• COSUD (Argentina)minorStrategic or Co-development Partner · 1 January 2024COSAPI participated in the Expo San Juan Minera in Argentina in consortium with Argentine company COSUD, seeking to contribute its experience to major mining projects in San Juan province.
• Stanford University (Center for Integrated Facility Engineering - CIFE)coreStrategic or Co-development Partner · 1 January 2024COSAPI invests in professional development of its collaborators through programs offered by Stanford University and Universidad de Lima on VDC (Virtual Design and Construction) and Modern Construction methodologies. Multiple COSAPI collaborators have obtained VDC certification from CIFE at Stanford. Stanford University has also used the Videna expansion project as a teaching case study.
• ICSK (Chile)minorChannel Partner/ Reseller/ Distributor · 1 January 2024COSAPI participated in the Quebrada Blanca Phase 2 project in Chile in consortium with ICSK, performing civil works and assembly for one of the country's major mining expansion projects.
• World Compliance Association Chapter PeruminorGTM or Marketing Partner · 1 January 2023COSAPI holds Diamond Sponsorship of the World Compliance Association Peru Chapter, reinforcing its commitment to ethics, integrity, and compliance standards. Antony Aguilar Falen, COSAPI's Corporate Compliance Manager, is an active member of the WCA.
• Instituto de Educación Superior Tecnológico Público de las FF.AA.minorStrategic or Co-development Partner · 1 January 2023COSAPI collaborated in technical tables convened by the Armed Forces Technology Institute to update academic curricula for professional training, supporting education and skills development in alignment with industry needs.
• Universidad de LimaminorStrategic or Co-development Partner · 1 January 2023COSAPI participated in the Library project for Universidad de Lima as part of its team building activities. The university awarded COSAPI the Creatividad Empresarial 2019 prize for the Videna sports complex design and construction.
• ALINENminorGTM or Marketing Partner · 1 January 2023COSAPI and volunteers from ALINEN brought joy to INEN (National Institute of Neoplastic Diseases) with the visit of the Three Kings, as part of the company's social responsibility and community engagement program.
• Instituto de Educación Superior Tecnológico Público de las FF.AA.minorStrategic or Co-development Partner · 1 January 2020COSAPI signed a cooperation agreement with the Armed Forces Institute for joint training activities, pre-professional and professional internships, and employment opportunities for institute students.
• Metro de Lima Línea 2 Consortium (Nuevo Metro de Lima)flagshipStrategic or Co-development Partner · 28 March 2014COSAPI is a member of the Nuevo Metro de Lima consortium (alongside Iridium Concesiones, Vialia, Salini Impregilo, Ansaldo Breda, and Ansaldo STS) that won the concession to design, build, and operate Línea 2 del Metro de Lima and Callao. This is the largest transport infrastructure concession in Peru's history with a total investment of US$5.49 billion. COSAPI participates directly in the concession through its subsidiary.
• Aldeas Infantiles SOS PerúminorGTM or Marketing Partner · 1 January 2011Partnership through the 'Recicla, cumple tu papel' program where COSAPI donates recycled paper to Aldeas Infantiles. The company has donated over 77,000 kg of paper and 4,278 kg of paper and cardboard in 2024 alone. Also partnered on 2011 recycling program for offices.
• HP (Planet Partners Program)minorGTM or Marketing Partner · 1 January 2011Partnership with HP through the Planet Partners program for recycling toner cartridges in COSAPI's central office and central warehouse, complementing the paper recycling initiative.
• Concesionaria Angostura Siguas S.A.coreStrategic or Co-development Partner · 1 January 2008COSAPI forms part of Concesionaria Angostura Siguas S.A., which holds the concession for the Majes Siguas irrigation project for the Arequipa Regional Government, representing a total investment of US$405 million. The project involves developing irrigation infrastructure for agricultural development.
• Lima Airport Partners (LAP)coreStrategic or Co-development Partner · 1 January 2000In 2000, COSAPI founded Lima Airport Partners (LAP) together with Bechtel and Fraport to win the concession for Jorge Chávez International Airport. COSAPI had a significant participation in the successful modernization of the airport. LAP remains a key partnership for airport infrastructure development.
• BechtelcoreStrategic or Co-development Partner · 1 January 1993Bechtel, the largest US engineering and construction company, entered the Peruvian market in 1993 and chose COSAPI as local partner, signing a 10-year exclusivity agreement. Together, they executed the Toquepala lixiviation project (US$100 million) in 1994, the first major mining investment in Peru of that decade. The partnership ended in 2003.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Obrainsa (Obras de Ingeniería y Construcción): Mid-sized Peruvian construction and engineering contractor with exposure to mining, infrastructure, and government works. Competes with COSAPI on mid-sized Peruvian tenders and Obras por Impuestos projects.
• Graña y Montero (AENZA): Peru's largest publicly traded engineering, construction, and infrastructure group, historically the closest domestic peer to COSAPI across EPC, concessions, and real estate development. Competes head-to-head on Peruvian mining, infrastructure, and Obras por Impuestos tenders.
• JJC Contratistas Generales: Peruvian EPC contractor active in mining, infrastructure, energy, and buildings, with comparable project size and customer base to COSAPI Ingenieria y Construcción. Direct competitor on Peruvian industrial and mining tenders.
• San Martín Contratistas Generales: Peruvian heavy construction and mining services contractor — comparable to COSAPI on mining earthworks and infrastructure segments. Operates in similar geographies and serves overlapping mining customers.
• Constructora Stracon: Peruvian mining services contractor specializing in open-pit earthworks and mine operations — the closest direct comparable to COSAPI Minería. Competes for the same mining majors (Antamina, Hudbay, Anglo American, Southern Copper) in Peru and Chile.

Broad incumbents

• Sacyr Ingeniería e Infraestructuras: Spanish global infrastructure concessions and EPC firm, with relevant LatAm concessions experience. Peer on integrated P3/PPP concessions business model that COSAPI Concesiones emulates at smaller scale.
• Bechtel: Largest US-headquartered global EPC with a long-standing Peruvian relationship with COSAPI (1993-2003 exclusivity agreement; co-founded Lima Airport Partners in 2000). Represents the upper bound of project scale COSAPI partners with on concessional mega-projects.
• Webuild (formerly Salini Impregilo): Italian global infrastructure EPC and concession operator that is the lead partner with COSAPI in the Nuevo Metro de Lima consortium (Line 2). Direct consortium counterpart and a representative global benchmark for infrastructure concession execution.
• Acciona Construcción: Spanish global EPC and concessions operator with infrastructure and energy project execution across Latin America. Comparable to COSAPI on integrated EPC + concession model and on renewable energy construction (overlap with Punta Lomitas wind farm segment).
• Actividades de Construcción y Servicios (ACS/Cobra): One of the world's largest infrastructure and concessions groups with significant LatAm concessions presence (e.g., participatory stakes alongside global peers). Useful upper-bound comparable for COSAPI Concesiones' long-term concession strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Cosapioficial
• YouTubeyoutube.com/user/CosapiOficial?feature=watch
• Facebookfacebook.com/cosapioficial
• LinkedInlinkedin.com/company/cosapi
• Instagraminstagram.com/cosapioficial

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about COSAPI