PPP PORTFOLIO IS AN IMPORTANT INDICATOR OF PRIVATE SECTOR CONFIDENCE IN PERU
Lima, March 12, 2025.- The Private Investment Promotion Agency (PROINVERSIÓN) is promoting a project portfolio totaling more than US$ 46 billion between 2025 and 2026, which is an important indicator of private sector confidence in Peru, said the institution's executive director, Luis Del Carpio.
“They are all long-term investments, they are necessary investments to close the infrastructure gap, and we are quite excited and working on it. This is an important indicator of private sector confidence, which confirms the optimism of the Ministry of Economy and Finance (MEF) with the projected growth figures for this year”, said Luis Del Carpio in an interview with TV Perú.
He mentioned that the agency has been working with the sense of urgency that the country requires to close the infrastructure gap, seeking the participation of the private sector, and thus consolidating the growth path.
Luis Del Carpio pointed out that PROINVERSIÒN has been building the country's future in a sustained manner over the last three years. “It should give us Peruvians a space for optimism because investments in Public-Private Partnerships (PPP) are always long-term investments,” he added.
The official mentioned that this year the country has to be very careful with public resources in order to control the fiscal deficit, and therefore the priority is to accelerate private investment through PPPs, since they do not put pressure on public spending and accompany growth, which is why the MEF has prioritized them.
Key Projects
The executive director of PROINVERSIÓN explained that the US$ 46 billion PPP and Projects in Assets portfolio for the 2025-2026 period is made up of more than 100 projects, of which 34 are for 2025 for more than US$ 8 billion and another 46 are planned for 2025 for another US$ 8 billion. These are in addition to nine addenda to current contracts for US$ 9,465 million and 13 additional projects to be structured for US$ 19.3 billion.
From this portfolio, it is estimated that by 2025 PPP and Projects in Assets for more than US$ 12 billion could be made viable, between those to be awarded and the addenda to be signed.
Regarding the projects to be awarded this year, Del Carpio highlighted the Longitudinal de la Sierra Highway Section 4, which will require an investment of US$ 1.5 billion, as well as the Choquequirao Cable Car, which will allow more than one million tourists to travel in Cusco. Also the new Military Hospital and the maintenance of infrastructure and complementary services of the Villa El Salvador Hospital.
In the case of the addenda, he announced that it has already been agreed with the MEF and the Ministry of Transport and Communications (MTC) to extend the concession term for the Matarani port, which will inject an investment of US$ 700 million. In addition, there are amendments being negotiated to bring natural gas to the south, among others.
Metro Lines
In addition, an addendum for Line 1 of the Lima Metro is being worked on, which will allow its expansion and modernization, facilitating the connection with Line 2 of the Lima and Callao Metro. Likewise, in the case of Lines 3 and 4, the agency is working to have them awarded as PPPs, adopting the best international practices in the world, such as working with a PMO and with top-level international builders.
Source: Press Release – PROINVERSIÓN