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ProInversión and MVCS declare of interest, the execution and concession of the Cajamarca WWTP PROINVERSIÓN will call public tender in July to provide drinking water to 1.2 million Lima residents PROINVERSIÓN promotes new hospitals to decentralize health services PROINVERSIÓN, MINCETUR and MEF socialize Choquequirao Cable Car project in Cusco PROINVERSIÓN: PPP investments in ports helped to multiply exports by a factor of 10 Works for Taxes: Urban mobility in Apurimac will be improved for almost 1 million soles PROINVERSIÓN will award in July the Longitudinal de la Sierra Highway, Section 4 of 965 kilometers INPE plans to build and expand six penitentiary facilities for S/ 1,182 million through Work for Tax PROINVERSION calls a tender for the operation and maintenance of the San Borja Children's Hospital Cusco: PROINVERSIÓN trains institutions on PPPs, Projects in Assets and financial benefits PROINVERSIÓN and MINJUSDH present a portfolio of projects to strengthen the justice sector Public Entities have 124 lands for Projects in Assets for more than S/ 4 billion PROINVERSIÓN promotes investment opportunities of more than US$70 billion in USA PROINVERSION boosts the development of seven regional cable cars for more than US$ 460 million 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

COMMITTED INVESTMENTS OF PPP IN AIRPORTS AMOUNT TO US $ 2,500 MILLION

September 21, 2021. Lima, Peru.- The Private Investment Promotion Agency (PROINVERSIÓN) has evaluated the impact of Public-Private Partnerships (PPP) in the airport sector and in the economic and social development of the country.

The results indicate that PPP investments in the airport sector have made it possible to modernize the infrastructure, improving quality and service capacity, which has boosted tourism and related activities, international trade and regional connectivity. It has also boosted economic activities.

In 2001, Jorge Chavez International Airport in Lima was concessioned, which resulted in an improvement in our international connectivity and became an axis in Peruvian air transport. As of 2006, the concession of regional airports began, which made it possible to decentralize the airport infrastructure and connect the country and the flow of tourists with 17 regions. That year, the First Group of Regional Airports was awarded, which included 12 airports in the north and center of the country, and, in 2011, the Second Group of Regional Airports, made up of five (5) airports in the south of the country.

We have three (3) concessions in force with 18 airports in total, which represent an investment commitment of more than US $ 2.500 million. Jorge Chávez Airport is the most important concession with a committed investment of US $ 2,261 million, which includes the construction of a second airport runway and other infrastructures, currently under execution.

Investments in Airport Concessions
(In millions of US $ w/VAT as of July 2021)

Source: Ositran

A POSITIVE EXPERIENCE

The experience in PPP projects in the Peruvian airport sector has had positive results: First, thanks to private investment, the airport infrastructure has been modernized, which has made it possible to improve the quality of the airport service and boost the Peruvian tourist attraction. In fact, at Jorge Chavez, the apron and passenger terminal areas have multiplied 4 times, going from an area of 200 thousand m2 in 2001 to 820 thousand m2 in 2020. These investments have made it possible to comply with international standards in relation to the time that services are provided and the size of the spaces for passengers (public exit hall, international Boarding pass control, migrations); they have also managed to generate an improvement in the perception of passengers - more than 83% were satisfied with the services provided at the airport - and attract more tourists to the country.

In the regional airports, the investments of both concessions and the operational efficiencies have made it possible to improve the quality of services. Thus, for example, Trujillo, Pucallpa, Tarapoto and Tacna airports have complied with the departure and Check-In Public Hall service levels in accordance with international standards and this has helped the perception of the airport service remains at high levels, above 80% in general.

General satisfaction level of passengers and companions with AIJCh, by segment, year 2019 Airport network and tourist attractions
Fuente: Estudio de satisfacción de Pasajeros y Acompañantes en el AIJCh. Noviembre 2019. Source: Proinversión, Mincetur, Promperu, MTC.

Second, the modernization of the airports has attracted more tourists. Indeed, the concession of these airports has boosted the take-off of flights number and the flow of passengers. On the one hand, Jorge Chavez grew from 61 thousand flights in 2001 to 198 thousand flights in 2019, and the number of passengers multiplied six (6) times in the same period (from 4 million to 24 million). Thus, these improvements facilitated the arrival of tourists from Asia and South America. For example, between 2011 and 2019, the arrival of tourists from China and Taiwan more than doubled and the arrival of tourists from Indonesia and India multiplied by about 1.7 times. Meanwhile, in regional airports, the flow of passengers has increased steadily, mainly in those that connect with tourist attractions.

Compensation to the State and Traffic Passengers - Jorge Chávez     Co-financing in the 1º Group of Airports, 2006 - 2019
(In millions of soles / Millions of Passengers) (Percentage of total income declared by ADP)
Source: Ositrán Source: Ositrán

Third, the modernization of airports has connected the country's regions through a fast and safe transportation system that has attracted more tourists. For example, Chachapoyas Airport, which connects with the Kuélap archaeological complex, grew from 2 thousand passengers in 2008 to 22 thousand in 2019 and Talara airport, which connects with the main beaches in northern Peru, grew from 12 thousand passengers in 2006 to 378 thousand passengers in 2019, an increase equivalent to 31 times.

Fourth, the modernization of these airports had a boosting effect on other related industries such as hotels, resorts, and restaurants. In this way, the flow of tourists in collective accommodation establishments tripled in 15 years, from just over 26 million in 2005 to 83 million in 2019, while the number of accommodation establishments grew just over 9.6 thousand in in 2005 to 23.6 thousand in 2019. This also benefited tourist centers, restaurants, museums, among others, generating a foreign exchange income of US $ 4.784 million in 2019. This same year, the Jorge Chávez Airport ecosystem had an impact of US $ 1.430 million in added value and helped create more than 90 thousand jobs, according to a study carried out by Apoyo Consultoría.

Fifth, air transport has become a safe and fast mechanism for the transport of goods. In fact, today it is the second most used, after maritime, for the trade of certain goods and has made it possible to export textiles and asparagus, as well as import medicines and technology. In 2019, about US $ 9 billion (6% of GDP) was transported by air transport. Likewise, within the country, it facilitates the transfer of goods and services to areas with difficult geographic access, such as the Amazon.

Sixth, the airport concessions have generated significant revenues for the state. LAP, Jorge Chavez Concessionaire, transferred to the Peruvian State in 2019 about S/ 528 million (46.5% of the Income) and with this, the Peruvian State has accumulated more than S/ 4,500 million in income since 2001. On the side of regional airports, they have generated significant savings for the State. Until 2019, the second group has not required co-financing, while the co-financing of the first group was reduced to 3.8% of total income in 2019.

GAP AND INVESTMENTS IN PROCESS

According to the Infrastructure Plan for Competitiveness, Peru has a basic access gap in the transportation sector of S/ 160.9 billion for the next 20 years and in particular, for the airport sector of almost S / 4.2 billion. Likewise, 2019 Global Competitiveness Report indicates that there is still room to improve in the quality of airport infrastructure and places Peru in position 92 out of 141 countries.

To address this gap, it is still remaining the execution of almost US $ 2 billion of committed investments. In particular, the expansion of the Jorge Chavez International Airport will allow having a new air terminal, control tower and the second runway that will enable to meet the growing demand of passengers and improve service levels, and, consequently, increase customer satisfaction of the users. Likewise, some airports in the first group of airports have convened engineering studies for the investments of the second stage in order to initiate new investments in the near future. The second group of airports is beginning a similar process.

For more information on PUBLIC-PRIVATE PARTNERSHIPS, you can visit our promotional website: https://www.investinperu.pe/es/app

Source: Press Release - PROINVERSIÓN

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