MINCETUR APPROVES THE COMPANY THAT WILL DEVELOP THE HUCHUY QOSQO CABLE CAR
Lima, March 30, 2023.- The Ministry of Foreign Trade and Tourism, MINCETUR, approved Huchuy Qosqo S.A.C. Cable Car as the qualifying company to enter into the investment contract with the Government, represented by MINCETUR and PROINVERSIÓN, for the investment project called "Huchuy Qosqo Cable Car" for an amount of US$ 26,585,897.00.
According to the legal norm published in the bulletin of legal norms this Saturday, this project will be executed in a term of five years, six months and 24 days counted as of June 7, 2018, the date of the request for the subscription of investment contract; in order to benefit from the provisions of Legislative Decree No. 973, in accordance with the provisions of Article 3 of the referred legal norm.
The first cable car in the Cusco region will be located in the community of Sacllo, district and province of Calca, a ferry that will allow national and foreign visitors to quickly and safely access the archaeological complex of Huchuy Qosqo.
It is estimated that the project will benefit the local population with an important economic and tourist movement throughout the Sacred Valley of the Incas.
The work will be executed under the Special Regime for Early Recovery of the IGV (RERA) which for the first time will be applied to the tourism sector in the Cusco region.
Source: Gestión
For more information on the Special Regime for Early Recovery of the IGV (RERA), please visit the following link: