CONSTRUCTORA TISUR

CONSTRUCTORA TISUR
Name	CONSTRUCTORA TISUR
Industry	Construction
Founded	1970s
Headquarters	Lima, Peru

CONSTRUCTORA TISUR is a Peruvian construction firm active in civil engineering, infrastructure, and urban development. The company has participated in major projects across Peru and the Andean region, collaborating with international contractors, multilateral lenders, and regional governments. Its operations intersect with prominent firms, public works programs, and industry regulators.

History

Founded during the 1970s economic expansion in Lima, CONSTRUCTORA TISUR emerged amidst projects led by corporations such as Empresa Nacional de Ferrocarriles del Perú, Banco Central de Reserva del Perú, Compañía Peruana de Teléfonos, Petroperú and municipal administrations like Municipalidad Metropolitana de Lima. Early contracts involved partnerships or competitive bidding with entities including Odebrecht, Graña y Montero, Grupo Romero, Ferrovías, and Ingenieros Civiles Asociados. During the 1980s and 1990s the firm engaged in infrastructure programs connected to initiatives by Banco Interamericano de Desarrollo, Banco Mundial, Agencia de los Estados Unidos para el Desarrollo Internacional, and regional projects linked to Consejo Nacional de Ciencia, Tecnología e Innovación Tecnológica (CONCYTEC), interacting with contractors such as SACYR and Acciona. In the 2000s and 2010s CONSTRUCTORA TISUR worked on transportation corridors associated with ministries like Ministerio de Transportes y Comunicaciones (Perú) and port facilities connected to Autoridad Portuaria Nacional, alongside multinational partners including Bechtel, Vinci, ACS Group, China Communications Construction Company, and Kiewit. The firm’s timeline reflects intersections with political administrations such as those of Alan García, Alejandro Toledo, Ollanta Humala, and Pedro Pablo Kuczynski as well as regulatory scrutiny from agencies like Superintendencia del Mercado de Valores and ProInversión.

Corporate structure and ownership

CONSTRUCTORA TISUR’s ownership and governance have been shaped by family holdings, investment vehicles, and strategic alliances with domestic conglomerates like Grupo Gloria and Grupo Romero as well as institutional investors including Fondo MiVivienda, Fondos de Inversión Privados, and pension funds such as Administradora de Fondos de Pensiones Integra and AFP Prima. Board interactions historically occurred with executives who previously served in companies like Ate Vitarte Industrial, Cementos Lima, Backus y Johnston, and Empresa Minera Cerro Verde. Legal advisors and auditors have included firms such as Estudio Echecopar, PricewaterhouseCoopers, Ernst & Young, and KPMG Peru. Strategic financing arrangements involved banks and lenders including Banco de Crédito del Perú, BBVA Perú, Scotiabank Perú, Banco Internacional del Perú, and multilateral credit lines from Corporación Andina de Fomento. Joint ventures and subcontracting relations connected CONSTRUCTORA TISUR to regional players like Constructora San José, AASA, COSAPI, and ANDRITZ.

Projects and operations

The company has executed works in port development, highways, urban buildings, and mining infrastructure, participating in projects similar in scale to developments at Callao Port, expansions akin to Puerto de Matarani, and road corridors comparable to Carretera Central and Interoceánica Sur. It has operated alongside logistics operators like DP World and A.P. Moller–Maersk and engaged suppliers such as Cementos Pacasmayo, Siderperu, Siemens Peru, ABB Group, and General Electric. Projects have required coordination with agencies such as Autoridad Portuaria Nacional, SUNAT, OSINERGMIN, OSITRAN, and MINEM as well as compliance with standards from ISO-certified bodies and engineering consultancies like CONSORCIO NACO and CH2M Hill. Urban development initiatives linked the firm to municipalities including Municipalidad Provincial del Callao and to utilities like SEDAPAL. In mining-related civil works, CONSTRUCTORA TISUR interfaced with companies such as Newmont, Buenaventura, Anglo American, Southern Copper Corporation, and Barrick Gold.

Financial performance

Financial results for the firm historically correlated with public investment cycles, commodity price trends influenced by exchanges like Bolsa de Valores de Lima and international markets such as London Stock Exchange and New York Stock Exchange, and credit availability from institutions including Banco Mundial and Fondo Monetario Internacional. Revenue streams derived from contracts with entities such as ProInversión, mining companies like Compañía de Minas Buenaventura and Cerro Verde, and port operators such as DP World Callao. Audit and reporting practices referenced standards promoted by organizations like Superintendencia del Mercado de Valores (Perú), International Financial Reporting Standards, and accounting firms including Deloitte. Financial risk was managed with instruments from banks like Scotiabank and Santander, and capital expenditures tracked alongside indices such as Índice General de la Bolsa de Valores de Lima.

Corporate social responsibility and safety

CONSTRUCTORA TISUR’s CSR and safety programs have been benchmarked against frameworks advocated by Organización Internacional del Trabajo, Ministerio de Salud (Perú), Ministerio del Ambiente (Perú), and sustainability guidelines from Global Reporting Initiative and United Nations Global Compact. Community engagement often involved coordination with regional authorities such as Gobierno Regional del Callao, Gobierno Regional de Arequipa, and social programs promoted by Ministerio de Desarrollo e Inclusión Social (Perú), and partnerships with NGOs like CARE Peru and World Vision Peru. Occupational health and safety protocols referenced standards from OSHA equivalents and collaborations with training institutions such as SENCICO.

Controversies and legal matters

The company’s projects have at times been part of broader sectoral disputes involving firms like Odebrecht, Graña y Montero, Sacyr Vallehermoso, Norberto Odebrecht S.A., and public procurement controversies examined by bodies such as ProInversión, Contraloría General de la República del Perú, and judicial institutions including Poder Judicial de la República del Perú and the Fiscalía de la Nación. Legal matters intersected with arbitration forums like Centro de Arbitraje de la Cámara de Comercio de Lima and international arbitration institutions such as International Centre for Settlement of Investment Disputes and Permanent Court of Arbitration. Litigation and compliance reviews involved law firms comparable to Estudio Olaechea and regulatory scrutiny by Superintendencia de Banca, Seguros y AFP (SBS). Environmental impact controversies referenced environmental agencies such as Organismo de Evaluación y Fiscalización Ambiental and regional protests connected to local communities and organizations like Federación de Trabajadores and indigenous groups represented in venues including Defensoría del Pueblo.

Category:Construction companies of Peru