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  3. VIETTEL PERU WILL INVEST AROUND US$ 600 MILLION TO CONNECT RURAL AREAS WITH 4G SERVICES
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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 EIGHT ELECTRICITY PROJECTS FOR US$ 700 MLL IN THE FIRST HALF OF 2024 WORKING WITH OTHER STATE ENTITIES TO ENSURE SUSTAINABLE PPP PROJECTS THE AGREEMENT UNITED AGAINST ANEMIA AND CHILD MALNUTRITION THROUGH WORKS-FOR-TAXES WAS SIGNED PROINVERSIÓN IS THE NATIONAL CONTACT POINT FOR THE RESPONSIBLE BUSINESS CONDUCT OF THE OECD PROINVERSIÓN: MINDEF PLANS TO EXECUTE 12 PROJECTS FOR MORE THAN S/ 780 MILLION THROUGH OXI PUNO BETS ON PUBLIC-PRIVATE INVESTMENT AND PRESENTS 23 PROJECTS FOR MORE THAN S/ 4,000 MILLION PROINVERSIÓN: VIETTEL PERU WILL EXTEND 4G MOBILE SERVICES TO MORE THAN 3,800 RURAL LOCATIONS PROINVERSIÓN PROMOTES ANCON INDUSTRIAL PARK PROJECT IN BEIJING WORKS FOR TAXES: GORE MOQUEGUA AND SOUTHERN PERÚ WILL IMPROVE SCHOOL WITH S/ 76.8 MILLION THIS MONTH MTC WILL CALL FOR TENDER FOR THE SANTA ROSA BRIDGE THAT WILL CONNECT TO THE JORGE CHÁVEZ MODERNIZATION OF THE HIPÓLITO UNANUE HOSPITAL TO BE DECLARED VIABLE IN THE FIRST QUARTER OF 2024 PROINVERSIÓN EXPECTS TO AWARD EIGHT PPP PROJECTS FOR UP TO US$ 5,700 MILLION. IN THE NEXT SIX MONTHS PROINVERSIÓN WILL AWARD TWO ELECTRICITY PROJECTS FOR ABOUT US$ 800 MILLION IN OCTOBER PROINVERSIÓN SIGNS AGREEMENTS TO PROMOTE PROJECTS IN ASSETS IN AREQUIPA RESOURCES FROM GORES, LOCAL GOVERNMENTS AND PUBLIC UNIVERSITIES FOR OXI GROW TO MORE THAN S/ 25,000 PROINVERSIÓN STRENGTHENS ACTIONS TO ATTRACT INVESTMENT ABROAD FOR PPP PROJECTS IN PERU 10 MTC PROJECTS PER S/ 2,000 MILLIONS ARE READY TO BE FINANCED BY COMPANIES THROUGH OXI PROINVERSIÓN ORGANIZES ROADSHOWS IN MEXICO AND CHILE TO ATTRACT INVESTORS TO PPP PROJECTS PROINVERSIÓN ACHIEVED OVER US$ 1,000 MILLION INVESTMENT IN SIX AWARDS IN I SEMESTER 2023 VIETTEL PERU WILL INVEST AROUND US$ 600 MILLION TO CONNECT RURAL AREAS WITH 4G SERVICES PROINVERSIÓN MANAGED AND AWARDED 103 PROJECTS IN ASSETS FOR MORE THAN US$ 7,500 MILLION METRO LINE 1 WOULD PROPOSE TO INCREASE DAILY TRANSPORT CAPACITY TO ONE MILLION PASSENGERS LIMA PROVINCES REGION HAS S / 370 MILLION TO EXECUTE INVESTMENTS VIA WORKS FOR TAXES PROINVERSIÓN: 2023 WOULD BE A RECORD YEAR OF AWARDS THROUGH WORKS FOR TAXES PORTFOLIO IN PROMOTION THROUGH OXI CONSISTS OF 371 INVESTMENTS FOR MORE THAN S/ 13,000 MILLION PROINVERSIÓN WILL AWARD THE CONTRACT FOR THE ESSALUD HOSPITALS IN THE SECOND QUARTER OF 2023 CAPITAL EXPENDITURE IN THE LA GRANJA MINING PROJECT GROWS TO MORE THAN US$ 2,400 MILLION PROINVERSIÓN WILL AWARD 10 ELECTRICITY TRANSMISSION PROJECTS FOR US$ 1,100 MILLION IN 2023 PPP INVESTMENTS IN PORTS WILL EXCEED US$ 3,500 MILLION PROINVERSIÓN PROMOTES THE DEVELOPMENT OF THE CAJAMARCA WWTP PROJECT WITH AN INVESTMENT OF US$ 58 MIL PROINVERSIÓN: MORE THAN S/ 620 MILLION WILL BE AWARDED IN 2023 IN WORKS FOR TAXES PROINVERSIÓN: UNSOLICITED PROPOSALS PRESENTED TO MODERNIZE THE PORT OF CHIMBOTE ACCIONA CONCESIONES WAS AWARDED THE TWO ELECTRICITY PROJECTS PROMOTED BY PROINVERSIÓN

VIETTEL PERU WILL INVEST AROUND US$ 600 MILLION TO CONNECT RURAL AREAS WITH 4G SERVICES

Lima - June 10, 2023.- The Private Investment Promotion Agency (PROINVERSIÓN) awarded the Viettel Perú S.A.C. company the AWS-3 and 2.3 GHz Radio Spectrum Band projects by proposing the largest coverage with 4G mobile services (telephony and mobile internet) in rural locations in the country.

The tender for the AWS-3 Radio Spectrum Bands project was divided into two blocks: Block A of 2x15 MHz and Block B of 2x15 MHz. Both were awarded to Viettel Peru S.A.C. by proposing coverage with 4G mobile services in 2,640 locations; América Móvil S.A.C. was in second place.

Likewise, the 2.3 GHz Band was awarded to the company Viettel Perú S.A.C. by proposing the coverage of 1,185 locations; Entel Peru S.A. was in second place.

In this way, 3,825 localities will have 4G mobile services (telephony and mobile internet) improving their connectivity and quality of life. Of those localities, 3,282 will have 4G mobile services in the first year of the concession contract and 543 in the second year.

As a result of the bids of the winning bidder, the total amount of investment that Viettel Peru will make in the implementation of 4G mobile services in the proposed locations would amount to US$ 600 million, an amount far higher than the initial estimate of US$ 268 million.

"This award is a significant advance to contribute to the improvement of the connectivity of our compatriots, mainly in rural areas of the country. It represents an important step in the recovery of the pace of project awards in the portfolio, with transparent and predictable processes for all the agents involved," said the executive director of PROINVERSIÓN, José Salardi.

Meanwhile, the Deputy Minister of Communications of the Ministry of Transport and Communications (MTC), Patricia Carreño, thanked the commitment of the operators to continue investing in our country, and the articulated and technical work of PROINVERSIÓN and the MTC to successfully carry out this public tender. "From the MTC we renew our commitment to continue working articulately to connect more Peruvians; and continue to reduce the digital gap," said the Deputy Minister of Communications.

BENEFITS

The benefits of the AWS-3 and 2.3 GHz Radio Spectrum Band projects lie in two fundamental aspects. First, it lies in enabling a greater number of rural localities nationwide that today do not have mobile services or only have 2G or 3G technology services, to access 4G mobile services; This improves the quality of their communications. Secondly, the provision of these bands will allow successful mobile operators to make more efficient use of the spectrum available to them, improving the quality of communications at national level.

In addition, the execution of the investment commitments will encourage investment in telecommunications infrastructure in remote areas where there is no 4G mobile coverage, thus contributing to reducing the telecommunications gap and expanding the footprint of mobile operators in rural areas of the country.
The term of the concession of both AWS-3 and 2.3 GHz bands will be 20 years.

Source: Press Release - PROINVERSIÓN