ICCGSA - Ingenieros Civiles y Contratistas Generales S.A.

What ICCGSA - Ingenieros Civiles y Contratistas Generales S.A. does

ICCGSA (Ingenieros Civiles y Contratistas Generales S.A.) is a Peruvian engineering and construction group founded in May 1965 and headquartered in San Isidro, Lima. The company executes large-scale civil works across four primary service lines: infrastructure (roads, highways, bridges, hydraulic works, energy projects, maritime and port works, and sanitation); building construction (hospitals, educational facilities, residential, industrial, and commercial); road conservation and maintenance across national corridors; and infrastructure concessions under public-private partnership (APP) schemes, including the flagship Telecabinas Kuélap cable car system operated with French partner POMA.

Revenue is generated predominantly through fixed-price and unit-price contracts won via competitive public procurement (licitaciones) with national, regional, and municipal government entities, supplemented by direct contracts with private mining companies such as Chinalco, Hudbay, Las Bambas/Xstrata, Enersur, and energy/infrastructure firms such as Lima Airport Partners/Bechtel. Distribution relies on government relationships, consortium structures with peer construction firms (CONCAR, INCOT, Kukova, Corporación Mayo), and industry presence at PERUMIN, EXCON, and PDAC. The 2015 corporate restructuring divided operations between ICCGSA Constructora (core construction) and ICCGSA Inversiones, a holding entity for non-construction subsidiaries including Valora (real estate), Grúas e Izajes (crane rental joint venture), ICCGSA Agroindustrial, Uvas del Norte (table grape exports), and ICCGSA Forestal.

As of July 2018, ICCGSA is in concurso preventivo (bankruptcy reorganization) before INDECOPI, and in early 2019 the company was publicly linked to the Club de la Construcción corruption investigation, with the Judiciary considering 18-month preventive detention against Executive President Fernando Castillo Dibós. Headcount stands at approximately 674 employees, with the most recent disclosed revenue of US$264 million (2013) materially below the company's stated 2015 target of US$528 million.

Name

ICCGSA - Ingenieros Civiles y Contratistas Generales S.A.

Legal name

Ingenieros Civiles y Contratistas Generales S.A.

Website

https://iccgsa.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

501–1,000 employees

Short description

ICCGSA is a Peruvian civil engineering and construction firm founded in 1965, executing highways, buildings, road conservation, and PPP concessions for government agencies, mining firms, and private developers across Peru, with diversified subsidiaries in real estate, crane rental, agroexport, and forestry.

Ownership category

akta.pro rank

Headquarters

HQ city

Lima

HQ country

Peru

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Services: One-time project-based construction and engineering contracts, including infrastructure works (roads, highways, bridges, hydraulic works), buildings (hospitals, educational, residential, industrial, commercial), port/maritime works, and road conservation. Revenue is generated from fixed-price or unit-price contracts with government agencies (Provías Nacional, regional governments, municipalities) and private sector clients (mining companies, energy firms, real estate developers).
2. Infrastructure Concessions: Participation in public-private partnership (APP) infrastructure projects under concession schemes, including toll roads, cable car systems (Telecabinas Kuélap), and managed corridor services. Revenue is generated over the concession period through tolls, service fees, or government service payments.
3. Real Estate Development (Valora): ICCGSA group subsidiary Valora Desarrollos Inmobiliarios Peruanos develops residential housing projects (Paseo Victoria, Plaza Santiago) sold to individual buyers, generating one-time revenue per unit sold.
4. Crane and Heavy Equipment Rental (Grúas e Izajes): Rental of high-tonnage cranes (Liebherr brand) to companies across various economic sectors, generating recurring rental income under long-term service agreements.
5. Agroindustrial Operations: ICCGSA Agroindustrial and Uvas del Norte operate agricultural production and export businesses in Olmos and Piura, growing grapes, avocados, asparagus, corn, and cotton for export markets. Revenue is generated from the sale of agricultural commodities.
6. Forestry (ICCGSA Forestal): Commercial tree cultivation on 1,052 hectares in Puerto Inca, Huánuco, with reforestation services. First commercial harvest projected around 2021, representing a future revenue stream.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

ICCGSA is a Peruvian civil engineering and construction company executing infrastructure works (roads, highways, bridges, hydraulic and maritime works, mining and energy infrastructure), buildings (hospitals, commercial, residential, industrial, educational), road conservation, and infrastructure concessions under public-private partnership (APP) schemes. The group also operates subsidiaries in real estate development (Valora), high-tonnage crane rental (Grúas e Izajes), forestry (ICCGSA Forestal), and agroindustrial exports (grapes, avocados, asparagus).

Product overview

ICCGSA (Ingenieros Civiles y Contratistas Generales S.A.) is a diversified Peruvian engineering and construction group operating since 1965. The company operates through two main divisions: ICCGSA Constructora, focused on infrastructure construction, buildings, and road conservation, and ICCGSA Inversiones, housing non-construction business units. The core product portfolio consists of four main service lines — Obras de Infraestructura (road/highway/mining/energy construction), Edificaciones (hospital, commercial, residential, and industrial building construction), Conservación Vial (road maintenance and conservation), and Concesiones (public-private partnerships including the Telecabinas Kuélap cable car system). These are complemented by subsidiary brands: Valora real estate development, Grúas e Izajes crane rental, ICCGSA Forestal, ICCGSA Agroindustrial, and Uvas del Norte grape cultivation/export.

Differentiator

Problem solved

Functional benefit

Products and services

• Obras de Infraestructura (Infrastructure Works)

Quantifiable outcome

• Seamlessly relocated 125 households for Nueva Ciudad de Morococha under Chinalco's resettlement program.
• +1 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

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

• CONCARcoreStrategic or Co-development Partner · 4 February 2016ICCGSA and CONCAR formed the Consortium Vial Sierra as equal partners (50/50) to pursue road infrastructure projects, particularly in Peru's highland (sierra) regions.
• Agrícola ChapicoreStrategic or Co-development Partner · 19 November 2014ICCGSA Agroindustrial partnered with Agrícola Chapi to form Corporación Agrícola Olmos, initiating operations in 2015 on irrigated lands in Olmos, Lambayeque. The joint venture plans to invest US$44 million over several years growing grapes, avocados, asparagus, corn, and cotton for export.
• POMAflagshipStrategic or Co-development Partner · 15 October 2014ICCGSA formed the Consortium Telecabinas Kuélap with French company POMA (world leader in cable transport systems) to develop, build, and operate the Kuelap Cable Car System in Amazonas, Peru. POMA supplies the electromechanical equipment manufactured in France; ICCGSA handles civil engineering and construction. This is ICCGSA's flagship concession project — the first tourist cable car system in Peru.
• Corporación MayocoreStrategic or Co-development Partner · 18 March 2014ICCGSA partnered with Corporación Mayo to form Consortium Vial San Martín, which won the buena pro for maintenance and improvement of seven sections of the Huallaga Central Logistics Corridor in San Martín region.
• CONPAXcoreStrategic or Co-development PartnerCONPAX (with 27+ years of experience in mining construction, water, and electricity sectors) is a shareholder in Grúas e Izajes alongside ICCGSA and INVERMAQ.
• INVERMAQ (Multiservice)coreStrategic or Co-development PartnerINVERMAQ/Multiservice (22+ years providing crane rental and lifting services with 16,000+ annual lifting operations) is a shareholder in Grúas e Izajes alongside ICCGSA and CONPAX.
• INCOT S.A.C.coreStrategic or Co-development PartnerICCGSA formed the Consortium Hospitalario Rioja with INCOT S.A.C. to build the Hospital of Rioja in San Martín region, a project valued at S/. 84.3 million.
• Kukova Ingenieros SACminorStrategic or Co-development PartnerICCGSA formed Consortium Parques de Lima with Kukova Ingenieros SAC to build zonal parks in Lima (Santa Rosa and Flor de Amancaes).
• Bechtel / Lima Airport PartnersminorImplementation/ SI/ Consulting PartnerICCGSA worked as a contractor under Bechtel / Lima Airport Partners for the construction of the aircraft parking zone (Area 6) at Jorge Chávez International Airport in Callao.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• COSAPI: Leading Peruvian construction and engineering firm listed on the Lima Stock Exchange, active in industrial, mining, infrastructure and building projects. Closely comparable in customer mix and project types.
• JJC Contratistas Generales: Major Peruvian general contractor executing road, highway, hydraulic, and building works nationwide. Directly competes with ICCGSA on regional government tenders and concession-related civil works.
• Obrainsa: Peruvian construction company with significant road and highway infrastructure portfolio. Comparable in scale, customer base (regional and national government), and project types.
• Aenza (formerly Graña y Montero): Largest Peruvian engineering and construction group, with operations in infrastructure, concessions, and real estate. Direct competitor for Peruvian public works and PPP tenders, and historically the #1 firm in the same top-5 ranking as ICCGSA.

Broad incumbents

• Mota-Engil: Portuguese multinational with significant Latin American infrastructure operations in roads, concessions, and mining services. Comparable as a diversified civil engineering group with PPP experience.
• Sacyr: Spanish infrastructure and concessions group with active LatAm toll-road concessions. Comparable as a global PPP/concessions player; less direct overlap but same concession-led model ICCGSA is pursuing via Telecabinas Kuéllap.
• Andrade Gutiérrez: Large Brazilian engineering and construction conglomerate with Latin American operations, including mining infrastructure and concessions. Comparable in heavy civil construction capability though operating across a broader geography.
• Odebrecht (Novonor): Brazilian engineering group that previously dominated Latin American public infrastructure (and was at the center of the Lava Jato/Corruption scandal that triggered Peru's broader anti-corruption investigations including the 'Club de la Construcción'). Highly relevant as a comparable precedent for large LatAm construction firms facing corruption-driven restructurings.

Regional players

• Besalco: Chilean construction and engineering firm with mining services and infrastructure concessions across South America. Comparable in business mix and customer overlap with mining majors operating in the Andes.
• Inmobiliaria y Constructora PYC: Peruvian real estate developer and construction firm. Overlaps with ICCGSA's Valora subsidiary and competes in the Lima residential housing segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCwm8qD5YIR_hpQEptWInhlA
• Facebookfacebook.com/iccgsaperu
• Instagraminstagram.com/telecabinaskuelap
• LinkedInlinkedin.com/company/iccgsa---p-gina-oficial

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries7 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 ICCGSA - Ingenieros Civiles y Contratistas Generales S.A.