Concesionaria Vial del Perú S.A. (COVIPERU)

What Concesionaria Vial del Perú S.A. (COVIPERU) does

COVIPERU (Concesionaria Vial del Perú S.A.) is a private Peruvian corporation incorporated on September 20, 2005 to operate a 30-year government concession for Red Vial 6 — the 232 km stretch of the Panamericana Sur highway from Pucusana (Km 58) to Ica (Km 290). The company holds the exclusive right to manage, modernize, and maintain this corridor under regulatory oversight of OSITRAN, the Peruvian transport-infrastructure supervisor, and was awarded the concession as part of the privatization of Peru's transport-infrastructure productive activities.

The company operates three toll-collection stations (Chilca at Km 66.5, Jahuay at Km 183, and Ica at Km 255) plus three vehicle weight stations (Cerro Azul North/South and Ica), and runs a 24-hour emergency response network with SOS posts every 10 km. Since 2005 it has paved over 486 km of road, built 154 km of new highway including the 54 km San Andrés–Guadalupe dual carriageway opened in December 2021, constructed 12 vehicular bridges, 3 pedestrian bridges, 7 interchange viaducts, and 21 grade-separated pedestrian crossings. COVIPERU pioneered electronic toll collection in Peru via the TAG (EasyWay/OPECOVI) windshield device, and has progressively added VISA Contactless, Niubiz-powered debit/credit card acceptance, and Bizlink electronic invoicing.

The business model is a regulated toll franchise: revenue is generated per-transaction from light vehicles (S/9.70 per direction, S/19.40 round trip as of Feb 2025) and per-axle from heavy vehicles (S/31.60–S/110.60 round trip depending on axle count), with tariffs indexable under OSITRAN-approved rules. The customer base is structurally diversified across all vehicle types traversing the corridor (tourism, freight, inter-city buses, commuters), and complementary services — mechanical assistance, towing, accident insurance, and user service — are bundled into the concession obligation rather than priced separately.

Name

Concesionaria Vial del Perú S.A. (COVIPERU)

Legal name

Concesionaria Vial del Perú S.A.

Website

https://coviperu.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

COVIPERU is a private Peruvian toll-road concessionaire operating the 232 km Pucusana–Ica corridor of the Panamericana Sur under a 30-year government concession, serving light and heavy vehicles via three toll stations with electronic and contactless payment.

Ownership category

akta.pro rank

Product category

Highway Toll Road Operations and Concession Services

SIC

Transportation Services (4700)

akta.pro primary industry

Road User Charging (RUC) / Mileage-Based User Fee (MBUF) Systems (TLAJABAD)

akta.pro secondary industry

Managed Services & Operations Outsourcing for Tolling/RUC Programs (TLAJABAL)

Keywords

• Highway toll operations
• Road concession services
• Electronic toll collection
• Vehicle weight monitoring
• Highway maintenance services

Headquarters

HQ city

Santiago de Surco, Lima

HQ country

Peru

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Others

Revenue model

1. Toll Collection (Peaje): COVIPERU collects toll fees from vehicles using the Pucusana-Ica highway (Red Vial 6). Fees are charged per vehicle for light vehicles and per axle for heavy vehicles. Double charging applies (round-trip fee collected at each toll station). Main toll stations: Chilca (Km 66.5), Jahuay (Km 183), and Ica (Km 255).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

COVIPERU operates and maintains the 232 km Pucusana–Ica corridor (Red Vial 6) of the Panamericana Sur highway under a 30-year government concession signed in 2005. The company collects toll fees at three main stations (Chilca, Jahuay, Ica), offers electronic toll collection via TAG devices, manages vehicle weight monitoring stations, dispatches a 24-hour emergency response service with SOS posts every 10 km, and carries out road maintenance and roadside assistance across the concession.

Product overview

COVIPERU operates as a 30-year road concessionaire (from 2005) for Red Vial 6, managing the Pucusana-Cerro Azul-Ica corridor along the Panamericana Sur highway. The company's service portfolio centers on toll collection infrastructure (peaje) at three main stations (Chilca, Jahuay, Ica) with multiple electronic payment options including TAG telepeaje, VISA Contactless, and debit/credit cards. Supporting services include vehicle weight stations (estaciones de pesaje), 24-hour emergency response (Central de Emergencias 0800-00588), road assistance/flatbed towing, electronic invoicing through Bizlink portal, and comprehensive road maintenance operations across the 232km concession. COVIPERU is noted as Peru's pioneer in electronic toll collection via TAG devices.

Differentiator

Problem solved

Functional benefit

Brands

• El Buen Camino: Brand name used for the highway concession route and marketing communications
• EasyWay

Products and services

• Servicio de Peaje (Toll Collection) Toll collection services at three main toll stations (Chilca, Jahuay, Ica) along the Panamericana Sur highway, with light vehicles paying a per-vehicle fee and heavy vehicles paying per axle. Multiple payment methods including cash, electronic, and contactless card options are accepted. Targeted at all categories of road users (light and heavy vehicles) traveling the Pucusana–Ica corridor.
• Servicio de Telepeaje (TAG Electronic Toll) Electronic toll collection system using free TAG devices installed on vehicle windshields that automatically interact with toll booth equipment to deduct toll fees without stopping. Provides dedicated lanes and avoids physical contact. Targeted at frequent highway users seeking payment convenience.
• Seguro de Accidentes (Accident Insurance) Accident insurance coverage provided to users of the Panamericana Sur concession road, offering protection against road incidents during travel on the corridor. Targeted at all road users of the Pucusana–Ica highway.
• Autopista Ica San Andrés-Guadalupe (New Dual Carriageway) New 54+ km dual-carriageway highway from San Andrés to Guadalupe in the Ica region along the Panamericana Sur, part of the Red Vial 6 concession, designed to reduce travel time between Lima and Ica. Targeted at all road users traveling between Lima and the Ica region.
• Estaciones de Pesaje (Vehicle Weight Stations) Vehicle weight measurement stations at Cerro Azul (North and South modules) and Ica for overweight vehicle enforcement, with periodic calibration by INACAL. Targeted at heavy vehicle operators and regulatory monitoring of freight compliance.
• Central de Emergencias 0800-00588 (24-Hour Emergency Response) 24-hour emergency hotline and response service for road incidents, providing assistance coordination and emergency communication via SOS posts installed every 10 km along the 232 km concession. Targeted at any highway user needing emergency support.
• Servicio de Auxilio Mecánico y Remolque (Roadside Assistance and Towing) Free mechanical assistance and flatbed towing service for stranded vehicles along the Red Vial 6 concession. Targeted at highway users experiencing vehicle breakdowns.
• Pago con Tarjetas de Crédito/Débito (Contactless Card Payment) Contactless and standard credit/debit card payment options at toll stations, including Visa Contactless, powered by the Niubiz platform. Targeted at toll road users who prefer card payment over cash or TAG.

Quantifiable outcome

• Travel time significantly reduced between Lima and Ica compared to pre-concession era
• +1 more outcomes

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• OSITRAN (Organismo Supervisor de la Inversión en Infraestructura de Transporte de Uso Público)coreOthersRegulatory oversight body that supervises COVIPERU's concession. Sets maximum tariff levels, approves operational changes, and monitors service quality. All toll tariff adjustments require OSITRAN approval under Articles 47, 48, and 49.2 of General Tariff Regulations.
• EasyWay (OPECOVI)coreTechnology or IntegrationElectronic toll collection service provider for TAG devices. Operated via OPECOVI. Provides automatic payment infrastructure at toll gates allowing vehicles to pass without stopping. OSITRAN intervened in 2018 to suspend TAG sales and commissions.
• Luz del Sur S.A.A.minorStrategic or Co-development PartnerElectric utility company that conducts maintenance work near COVIPERU infrastructure (Km 133.7), requiring coordinated lane closures. COVIPERU communicates Luz del Sur's scheduled work to highway users.
• Ministry of Transportation and Communications (MTC) / PROVIAS NACIONALcoreOthersGovernment body that granted the 30-year concession for Red Vial 6. Responsible for infrastructure delivery and maintenance of specific bridges (Asia 1 and Mala) that were found to have structural concerns. Notified COVIPERU of bridge restrictions in June 2025.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Aleatica: Latin American-focused toll road and transportation infrastructure operator with concessions across Mexico, Peru, Chile, Colombia, and Spain. Directly comparable in regional focus and concession portfolio structure.
• Globalvia: Spanish-based toll road and infrastructure concessionaire with significant Latin American presence, including roads in Costa Rica, Chile, and Mexico. Comparable concessions-focused business model and regulatory exposure.
• Abertis: Global toll road operator managing concessions across Europe, the Americas, and Asia. Operates similar electronic tolling infrastructure, road maintenance, and concession contracts under regulated tariff structures comparable to COVIPERU's framework.
• CCR (Companhia de Concessões Rodoviárias): One of Latin America's largest toll road operators, managing concessions across Brazil with electronic toll collection (TAG/Sem Parar), roadside services, and integrated highway operations. Highly comparable business model to COVIPERU at much larger scale.
• Cintra (Ferrovial): Global toll road developer and operator with concessions across the US, Canada, Europe, and Latin America. Highly comparable business model of greenfield development, operation, and monetization of toll road concessions.
• Arteris: Major Brazilian toll road concessionaire operating ~3,200 km of highways with toll collection, electronic payment systems, and road services. Directly comparable Latin American toll concession operator with similar revenue mix and regulatory framework.
• Sacyr Concesiones: Spanish infrastructure concessionaire with extensive toll road and P3 portfolio across Spain and Latin America, including projects in Peru and Colombia. Comparable as a diversified concessions platform in similar regulatory environments.

Direct peers

• Rutas de Lima: Operates a 25-year urban toll road concession in Lima under MTC/OSITRAN oversight. Comparable concession structure, electronic toll collection systems, and service bundling (tolls, emergency response, road maintenance) on a different but related Peruvian highway corridor.
• Norvial: Peruvian toll road concessionaire operating the Ancón-Huacho-Pativilca corridor (Red Vial 5) under a 25-year MTC concession. Most direct comparable: same Peruvian concession structure, same OSITRAN regulator, similar toll collection and maintenance service portfolio.

Regional players

• OHLA Concesiones: Spanish infrastructure group with toll road and P3 concessions in Latin America and Europe. Comparable as a concessions platform, though more diversified across geographies and asset types than COVIPERU.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/concesionaria-vial-del-per%C3%BA-s-a-coviperu

Revenue estimate

Valuation estimate

Number of profiles

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 Concesionaria Vial del Perú S.A. (COVIPERU)