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  3. PROINVERSIÓN EXPECTS TO AWARD ELECTRICITY PROJECTS FOR AN ESTIMATED $900 MILLION DURING 2024
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INVESTOR CONFIDENCE IN PERU REMAINS STRONG PERUVIAN ARMY OFFERS 30 PLOTS OF LAND FOR INVESTMENT PROJECTS IN THE FIRST QUARTER OF 2025, PROINVERSIÓN TRAINED AND PROVIDED TECHNICAL ASSISTANCE TO 412 PUBLIC E PROINVERSIÓN ASSESSES ECONOMIC AND SOCIAL IMPACTS OF PPP CONCESSIONS THERE ARE 11 PPPs WITH CURRENT CONTRACTS THAT COULD ADVANCE INVESTMENTS OF ALMOST US$12 BILLION PERU PROMOTES PROJECTS WORTH US$70 BILLION AT INTERNATIONAL PPP FORUM AWARDS OF WORKS FOR TAXES IN THE FIRST QUARTER SET A RECORD PROINVERSIÓN AND MINCETUR ADVANCE WITH THE SOCIALIZATION OF THE CHOQUEQUIRAO CABLE CAR PROJECT PROINVERSIÓN AND ATU SIGN AGREEMENT TO PROMOTE URBAN TRANSPORT PROJECTS IN LIMA AND CALLAO PROINVERSIÓN AND THE UNITED KINGDOM WILL PROMOTE THE DEVELOPMENT OF PPP IN PERU PROINVERSIÓN AND MINEDU WORK TO ENSURE SUSTAINABILITY OF EDUCATIONAL INFRASTRUCTURE IN THE COUNTRY PPP PORTFOLIO IS AN IMPORTANT INDICATOR OF PRIVATE SECTOR CONFIDENCE IN PERU PROINVERSIÓN AND THE REGIONAL COMMUNITY OF THE ANDES PROMOTE 85 PROJECTS FOR MORE THAN S/ 8300 MLLS PROINVERSIÓN WILL LEAD THE PROCESS TO MAKE THE HUASCARÁN CABLE CAR A REALITY IN ÁNCASH PERU HAS MORE THAN S/ 33 BILLION TO CARRY OUT PROJECTS VIA WORKS FOR TAXES IN 2025 MEF EMPOWERS PROINVERSIÓN TO PROVIDE SUPPORT IN PUBLIC - PRIVATE PARTNERSHIPS TACNA HAS A POTENTIAL OF S/ 1254 MILLION FOR INVESTMENT IN WORKS FOR TAXES PROINVERSIÓN WILL PROMOTE THE OPERATION AND MAINTENANCE OF FIVE SPORTS VENUES WITH WORKS FOR TAXES PROINVERSIÓN RECEIVES NEW ORDER TO TENDER 16 ELECTRICAL PROJECTS FOR US$ 900 MILLION PROINVERSIÓN PROMOTES INVESTMENTS FOR MORE THAN US$ 3.5 BILLION IN METROPOLITAN LIMA PROINVERSIÓN WILL AWARD 19 PROJECTS IN THE CENTRAL MACRO REGION FOR US$ 6 BILLION BETWEEN 2025-2027 IN MAY, THE CONSTRUCTION OF 13 SCHOOLS AT RISK IS EXPECTED TO BE DECLARED OF INTEREST FOR US$ 285 MI PROINVERSIÓN PROVIDED TECHNICAL ASSISTANCE AND TRAINING TO 778 PUBLIC ENTITIES AND 264 PRIVATE COMPA FCC AQUALIA OF SPAIN WILL DEVELOP THE CHINCHA WASTEWATER TREATMENT PLANT PROINVERSIÓN WILL AWARD SEVEN PROJECTS FOR MORE THAN US$ 2.8 BILLION BETWEEN JANUARY AND APRIL 2025 WORKS FOR TAXES ACHIEVE A HISTORIC RECORD OF MORE THAN S/ 4.2 BILLION BY THE END OF 2024 BALANCE 2024: TRANSPORT SECTOR LED AWARDS WITH THREE PROJECTS FOR US$4,366 MILLION PROINVERSIÓN AWARDED 21 ELECTRICAL PROJECTS FOR MORE THAN US$2.2 BILLION IN THE LAST 24 MONTHS WORKS FOR TAXES EXCEEDED S/ 4 BILLION THROUGH 124 AWARDS IN 2024 AWARD OF THE CHINCHA WASTEWATER TREATMENT PLANT IN THE FINAL STAGE ENGIE ENERGÍA PERÚ S.A. WAS AWARDED THREE ELECTRICAL PROJECTS THAT WILL BENEFIT ANCASH, JUNÍN AND UC MORE THAN US$660 MILLION OF PRIVATE INVESTMENT FACILITATED SPECIAL REGIME OF EARLY RECOVERY OF IGV PROINVERSIÓN REGISTERED PROGRESS IN THE PROCESS OF PERU 'S ACCESSION TO THE OECD DURING 2024 PROINVERSIÓN WINS THE 2024 BUSINESS CREATIVITY AWARD WITH AN INNOVATIVE PROGRAM IN WORKS FOR TAXES FIRST BUSINESS ROUNDTABLE FOR PROJECTS IN ASSETS ATTRACTS INTEREST FROM INVESTORS SANITATION PORTFOLIO WILL BENEFIT 7 MILLION INHABITANTS WITH AN INVESTMENT OF US$ 2.6 BILLION AWARDING OF WORKS FOR TAXES EXCEEDS S/ 3 BILLION SO FAR IN 2024 PROINVERSIÓN WILL AWARD THREE ELECTRICITY PROJECTS WORTH OVER US$ 100 MILLION IN DECEMBER NEW MARCONA PORT WILL BENEFIT 29 PROVINCES OF ICA, AYACUCHO, APURIMAC, AREQUIPA AND CUSCO EXECUTION OF THE PERIPHERAL RING ROAD BEGINS, A MEGAPROJECT THAT WILL BENEFIT 4.5 MILLION PEOPLE CHINCHA WWTP: INVESTORS HAVE UNTIL DECEMBER 30 TO SUBMIT EXPRESSIONS OF INTEREST WORKS FOR TAXES WOULD EXCEED S/ 3.5 BILLION IN AWARDS BETWEEN 2023 - 2024 PROINVERSIÓN WOULD AWARD PROJECTS FOR MORE THAN US$11 BILLION IN THE PERIOD 2023 - 2024 MORE THAN 6200 KILOMETERS OF THE NATIONAL ROAD NETWORK WILL RECEIVE OPERATION AND MAINTENANCE IN 11 SPAIN: PROINVERSIÓN PROMOTES PORTFOLIO OF 63 PROJECTS FOR MORE THAN US$ 15.6 BILLION EL ALGARROBO PROJECT WILL PRIORITIZE SOCIAL MANAGEMENT AND THE WATER SOLUTION IN FAVOR OF AGRICULTUR SEVEN WASTEWATER TREATMENT PROJECTS WORTH MORE THAN U$S 1.1 BILLION TO BE AWARDED IN 2025 ALUPAR PERÚ WAS AWARDED FIVE ELECTRICAL PROJECTS WITH AN ESTIMATED INVESTMENT OF US$ 441 MILLION PROINVERSIÓN OBTAINS THREE CERTIFICATIONS OF BEST PUBLIC MANAGEMENT PRACTICES PROINVERSIÓN AWARDS THE HUANCAYO - HUANCAVELICA RAILWAY MODERNIZATION PROJECT AWARD PORTFOLIO WILL EXCEED US$ 15.8 BILLION IN 2025 - 2026 PUBLIC-PRIVATE PARTNERSHIPS ARE KEY TO CLOSING GAPS IN SANITATION, EDUCATION AND HEALTH BETWEEN JANUARY AND AUGUST, 58 WORKS WERE AWARDED THROUGH WORKS FOR TAXES OF S/ 2,351 MILLION IN EIGHT MONTHS, PROINVERSIÓN AWARDED 12 PROJECTS WORTH FOR MORE THAN US$ 6 BILLION PROINVERSIÓN WILL PROMOTE THE MODERNIZATION OF THE TACNA-ARICA RAILWAY PROINVERSIÓN SHARES EXPERIENCE IN PUBLIC-PRIVATE PARTNERSHIPS WITH ECUADORIAN OFFICIALS PROINVERSIÓN PROMOTED THE FIRST OXI PROJECT OF THE MINISTRY OF DEFENSE FOR S/$49.8 MILLION PROINVERSIÓN WILL DECLARATE FOUR PRIVATE INITIATIVES OF INTEREST FOR US$ 527 MILLION BEFORE OF 2024 PROINVERSION WILL AWARD 12 ELECTRICITY PROJECTS FOR US$ 676 MILLION BETWEEN AUGUST AND DECEMBER 2024 IN SEPTEMBER, THE INITIATIVE TO IMPROVE WASTEWATER TREATMENT IN CHINCHA WILL BE DECLARED OF INTEREST OECD EVALUATES PERU ON RESPONSIBLE BUSINESS CONDUCT AS PART OF ACCESSION PROCESS PROINVERSIÓN STRENGTHENS WORK WITH MINISTRIES AND REGIONAL GOVERNMENTS TO DEVELOP PPP PROJECTS PROINVERSIÓN WILL PROMOTE THE MODERNIZATION OF 44 SCHOOLS IN LIMA AND CUSCO THROUGH PPP OPERATION AND MAINTENANCE OF THE VILLA EL SALVADOR EMERGENCY HOSPITAL INTERESTS NINE COMPANIES PROINVERSIÓN EXPECTS TO AWARD 17 PROJECTS FOR MORE THAN US$ 3 BILLION IN THE SECOND HALF OF 2024 PUBLIC ENTITIES WILL AWARD SOME 54 AWARDS THROUGH WORKS FOR TAXES (OXI) ÁNCASH: PROINVERSIÓN AWARDS MODERNIZATION OF THE HOSPITAL OF HUARAZ FOR MORE THAN S/ 1 BILLION PROINVERSIÓN AWARDED SIX PROJECTS FOR MORE THAN US$ 5 BILLION IN THE FIRST HALF OF 2024 PROINVERSIÓN AWARDED THREE ELECTRICITY PROJECTS FOR THE BENEFIT OF ICA AND AREQUIPA PROINVERSIÓN AND INEN PROMOTE THE CONSTRUCTION OF A PEDIATRIC ONCOLOGICAL TOWER FOR MORE THAN S/ 900 PROINVERSIÓN PROMOTES SIX PPP PROJECTS IN THE HEALTH SECTOR FOR US$ 860 MILLION CAJAMARCA HAS A POTENTIAL OF S/ 1.45 BILLION TO EXECUTE WORKS FOR TAXES PROINVERSIÓN WILL AWARD FOUR PROJECTS IN THE NEXT TWO MONTHS FOR MORE THAN US$ 1.7 BILLION PROINVERSIÓN STARTS STRUCTURING TWO BAND PROJECTS FOR 5G MOBILE SERVICES PROINVERSIÓN AND THE REGIONAL GOVERNMENT OF TACNA PRESENT 35 PROJECTS WORTH MORE THAN US$ 800 MLLS CONSORTIUM WILL START STUDY THAT WILL DEFINE THE INVESTMENT MECHANISM OF THE CHINECAS PROJECT PROINVERSIÓN: JUNÍN HAS MORE THAN S/ 1.3 BILLION TO CARRY OUT WORKS FOR TAXES PROINVERSIÓN INCORPORATES IN ITS PORTFOLIO THE EXPANSION OF BAYÓVAR PHOSPHATE FOR US$ 940 MILLION PROINVERSIÓN WILL PREPARE TECHNICAL STUDIES AND A NEW CONCESSION PROCESS FOR THE CHAVIMOCHIC PROJECT 250 THOUSAND HECTARES ARE EXPECTED TO BE INCORPORATED THROUGH PUBLIC-PRIVATE PARTNERSHIPS REGIONAL GOVERNMENTS HAVE MORE THAN S/ 16 BILLION FOR WORKS FOR TAXES LONDON: PROINVERSIÓN PRESENTED WATER AND SANITATION PORTFOLIO FOR MORE THAN US$ 1.8 BILLION PROINVERSIÓN PREQUALIFIED 5 BIDDERS FOR THE TENDER OF 3 ELECTRICITY PROJECTS FOR US$ 329 MILLION PROINVERSIÓN: THREE BIDDERS WILL COMPETE TO MODERNIZE THE HUANCAYO - HUANCAVELICA RAILWAY PROINVERSIÓN: ANCASH PROMOTES A PORTFOLIO OF 40 PROJECTS IDENTIFIED FOR MORE THAN S/ 5.6 BILLION PROINVERSIÓN IS ABOUT TO CONCLUDE THE TECHNICAL STUDY FOR THE CHIMBOTE PORT TERMINAL CONSORTIUM WILL START STUDY THAT WILL DEFINE THE INVESTMENT MECHANISM OF THE CHINECAS PROJECT THREE STAKEHOLDERS PRESENT CREDENTIALS TO MODERNIZE THE HUANCAYO - HUANCAVELICA RAILWAY PROINVERSIÓN PROMOTES PPP PORTFOLIO IN SANITATION FOR MORE THAN US$ 2.2 BILLION THE NEW MARCONA PORT WOULD BOOST INVESTMENTS OF MORE THAN US$ 15 BILLION IN THE SOUTH OF THE COUNTRY MTC COMMISSIONS PROINVERSIÓN A STUDY TO PROMOTE THE SUSTAINABLE BACK NETWORK MTC COMMISSIONS PROINVERSIÓN 20 ROAD AND TWO PORT PROJECTS FOR MORE THAN US$ 3.5 BILLION EIGHT BIDDERS PRESENT CREDENTIALS TO PREQUALIFY FOR THE LONGITUDINAL DE LA SIERRA HIGHWAY SECTION 4 USERS OF THE VILLA EL SALVADOR EMERGENCY HOSPITAL WILL RECEIVE QUALITY SERVICES PROINVERSIÓN INCORPORATES THE TRUJILLO AND CHEPÉN WWTP PROJECT TO THE PROMOTION PROCESS PROINVERSIÓN PROMOTES PERIPHERAL RING ROAD TO POTENTIAL INVESTORS IN EUROPE MINDEF WOULD ENTRUST PROINVERSIÓN WITH THE AWARD OF A SPACEPORT IN TALARA FOR MORE THAN S/ 1 BILLION PROINVERSIÓN CALLS FOR BIDS ON FOUR ELECTRICITY PROJECTS FOR US$ 137 MILLION PROINVERSIÓN PROMOTES THREE INVESTMENT ATTRACTION MECHANISMS TO STRENGTHEN CONFIDENCE IN PERU THE MINISTRY OF TRANSPORT AND COMMUNICATIONS ENTRUSTED PROINVERSIÓN WITH A NEW PORTFOLIO OF PPP PROJ PROINVERSIÓN: PPP PORTFOLIO IN HEALTH 2024-2025 AMOUNTS TO US$ 700 MILLION 1071 LEGAL STABILITY AGREEMENTS FOR US$ 16,000 MILLION HAVE BEEN SIGNED SINCE THEIR IMPLEMENTATION PROINVERSIÓN STARTED FOURTH UNIVERSITY EXTENSION COURSE IN PPP PROINVERSIÓN: 10 PROJECTS FOR US$ 433 MILLION ACCESSED TO THE SPECIAL REGIME FOR RERAIGV IN 2023 PUBLIC ENTITIES PLAN TO AWARD MORE THAN S/ 1,000 MILLION IN WORKS FOR TAXES IN 2024 PROINVERSIÓN OBTAINS ISO ANTI-CORRUPTION CERTIFICATION

PROINVERSIÓN EXPECTS TO AWARD ELECTRICITY PROJECTS FOR AN ESTIMATED $900 MILLION DURING 2024

Lima, October 30, 2023.- After successfully completing the concession of the 10 electricity projects of the 2021-2030 Transmission Plan, commissioned by the Ministry of Energy and Mines, with an estimated total investment of US $1.379 million, Private Investment Promotion Agency (PROINVERSIÓN) is now ready to program four new electric transmission groups corresponding to the 2023 - 2032 Transmission Plan, for an estimated amount of US $900 million. Of these four new groups of electrical transmission projects, which are part of the 2024 portfolio, two groups were already convened in August and last September.

In this context, the 2023-2032 Transmission Plan approved by the MINEM contemplates the concession of Group 1 consisting of three new electricity projects that will strengthen the safety of the 500 kV transmission and improve the reliability of the electricity supply in the regions of Ica and Arequipa, with an estimated investment of US $307 million.

For its part, Group 2, which is also part of the 2023 - 2032 Transmission Plan, includes projects that will benefit the regions of Lima, Ica and Ayacucho with a projected investment of US $290 million. One of the most outstanding projects of this group is the Chilca CTM-Carabayllo 500 kV Link, which will increase the electricity supply for Lima, a large electricity consumption center that continues to grow; the other project is the New Bicentennial Substation, a project that will strengthen the transmission in the district of Independencia, giving it reliability and greater capacity. 

In this same 2023 - 2032 Transmission Plan, the concession of Group 3 is also contemplated, which will benefit the regions of Apurímac, Arequipa, Lima and Puno with an investment of approximately US $175 million, strengthening the National Interconnected Electricity System (SEIN) by transporting energy from production centers to consumer centers (companies and families) at a lower cost and with an uninterrupted electrical service.

Finally, as part of the 2023-2032 Transmission Plan, Group 4 will be awarded for the direct benefit of industry and families in the regions of Áncash, Huánuco, Junín, La Libertad and Ucayali, with an investment amount of approximately US $98 million. This concession will increase the reliability and capacity of the electricity system at the national level -minimizing losses- and bring low-cost electricity to areas with the least availability of cheap energy.

2024: KEY YEAR FOR PPP CONCESSIONS

The portfolio of projects for 2024 will be significant due to its large social component and investment goal, bringing together 40 projects under the PPP modality in the transport, electricity, sanitation, health, education and tourism sectors for an estimated investment of US $8 million. This figure, if realized, could be one of the highest in terms of awards in the history of PROINVERSIÓN.

“Our first goal for 2024 is to award six PPP projects of great impact for the country during the first quarter, representing 60% of the 2024 portfolio, totaling an investment amount of US $4.89 million. In order to then award 34 more projects during the second and fourth quarters of next year, for an investment of more than US $3.1 million,” said Salardi.

RECENTLY AWARDED ELECTRICITY PROJECTS

Last Friday, October 27, the last two electricity projects in the 2023 portfolio were awarded for a reference amount of almost US $800 million. With these last two awards, there are 14 projects awarded by PROINVERSIÓN this year, with an amount of around US $2.3 million, a figure that is more than twenty times the amount achieved in 2022 and almost quadruples the amount achieved during the last 4 years, from 2019 to 2022. 

The above-mentioned electricity projects “500 kV Huánuco — Tocache — Celendín — Trujillo link, expansions and associated substations” and “500 kV Celendín — Piura link, expansions and associated substations” constitute the largest investment that PROINVERSIÓN has put out to tender in electrical transmission projects during its history.

These two new transmission lines will allow users to have a reliable and safe electricity supply, in addition to boosting new investments by industries in sectors such as fishing and mining in the center and north of the country. More than 2.9 million people in the regions of Piura, Lambayeque, La Libertad, Amazonas, Cajamarca, San Martín and Huánuco will benefit from its implementation.

Source: Press Release - PROINVERSION