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Corporación América and Kuntur Wasi v. Peru Corporación América S.A. and Sociedad Aeroportuaria Kuntur Wasi S.A. v. Republic of Peru (ICSID Case No. ARB/18/27)
Nationality of the parties
Summary of matters at issue
40-year concession contract for the construction and operation of an airport at Chinchero, a town in South-East Peru.
Claims arising out of Peru’s cancellation of a contract to design, build and operate a new airport.
Economic sector and subsector
Tertiary: F - Construction
Tertiary: H - Transportation and storage
41 - Construction of buildings
52 - Warehousing and support activities for transportation
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Low, L. A.
Verhoosel, G.
Nunes Pinto, J. E.
Status/Outcome of original proceedings
Decisions rendered
Amount of compensation
Data not available
Data not available
IIA breaches alleged/found
Data not available
Follow-on proceedings
Link to Italaw's case page