Concession
A finance or procurement term used in infrastructure investment, concessions and project delivery.
Concession Explained
Concession is a key term within finance & ppp, where it is used across construction, infrastructure, transport and industrial project delivery. In practical terms, it helps describe how work is planned, specified, delivered, measured or maintained on real sites and assets. Understanding concession is useful because the same language is often shared by contractors, designers, suppliers, asset owners, public authorities and investors.
Within Highways.Today’s Dictionary, concession should be read as part of the wider vocabulary of project finance, procurement, concessions, investment and commercial delivery terminology. It may appear in technical specifications, tender documents, project reports, equipment guides, safety plans, design models, maintenance schedules or news articles. Exact requirements can vary by country, project type, contract form, standard and manufacturer, so readers should always check the relevant local guidance, drawings, regulations and professional advice before relying on the term for design, procurement or operational decisions.
Articles Featuring Concession
Western Bypass Vision Reshapes Freight Mobility Between Rouen And Orléans
1st March 2026
Western Bypass Vision Reshapes Freight Mobility Between Rouen And Orléans France’s transport map has long contained a curious gap between…
Rethinking a Strategic Spine in Northern Chile’s Road Network
2nd February 2026
Rethinking a Strategic Spine in Northern Chile’s Road Network Northern Chile’s transport corridors sit at the crossroads of global trade,…
Changing Lanes in Portugal’s Highway Infrastructure Landscape
8th October 2025
Changing Lanes in Portugal’s Highway Infrastructure Landscape CVC DIF, the infrastructure arm of private markets manager CVC, has agreed to…
Galeão Airport in Brazil Taking-off with a Smarter, More Sustainable Concession
7th October 2025
Galeão Airport in Brazil Taking-off with a Smarter, More Sustainable Concession Rio de Janeiro is on the cusp of a…
Sacyr Concesiones Takes Over Chile’s Ruta 68 P3 Project
6th August 2025
Sacyr Concesiones Takes Over Chile’s Ruta 68 P3 Project On July 1st, 2025, Sacyr Concesiones officially assumed control over the…
Chile Awards $1.6 Billion Contract to Transform Route 68 to Sacyr Concesiones
8th June 2025
Chile Awards $1.6 Billion Contract to Transform Route 68 to Sacyr Concesiones Chile has taken a bold leap forward in its…
Peru’s Longitudinal de la Sierra Highway Project Nears Final Award Stage
5th February 2025
Peru’s Longitudinal de la Sierra Highway Project Nears Final Award Stage Peru’s ambitious Longitudinal de la Sierra Tramo 4 project…
Transforming Connectivity in Chile with Coquimbo-La Serena Urban Overhaul
11th December 2024
Transforming Connectivity in Chile with Coquimbo-La Serena Urban Overhaul In a significant boost to Chile’s infrastructure, the Coquimbo-La Serena Conurbation…
Editorial Note
The Highways.Today Dictionary is maintained as an editorial reference resource for construction, infrastructure, transport and industrial technology professionals. Definitions are intended to support understanding, discovery and research, and may be expanded over time as the Dictionary evolves into a broader illustrated industry reference.