Lima, January 6, 2026.- The Private Investment Promotion Agency (PROINVERSIÓN) reports that since the implementation of the Works for Taxes (OxI) mechanism in 2009 through the end of 2025, a total of 1,105 projects and interventions have been awarded for a cumulative amount of PEN 16.969 billion, with the participation of 393 private companies that have become strategic partners of the State in the provision of public infrastructure.
PROINVERSIÓN’s Executive Director, Luis Del Carpio, highlighted that 2025 marked a historic milestone in the awarding of public investment through the Works for Taxes mechanism, with 501 projects and interventions awarded for a total amount of PEN 5.180 billion—the highest figure since the mechanism’s creation in 2009.
The 2025 results significantly exceeded those recorded in 2024. Compared to the previous year, the number of awarded projects increased by 314%, while total investment grew by 20%. In 2024, 121 projects were awarded for PEN 4.315 billion, demonstrating substantial progress in the use of this mechanism.
The head of PROINVERSIÓN stated that these results will expand public access to modern infrastructure and essential public services, contributing to social development, regional competitiveness, and decentralized economic recovery.
He added that this performance demonstrates that, through coordinated efforts between the State and the private sector, it is possible to accelerate investment, close long-standing infrastructure gaps, and deliver tangible development across regions nationwide.
TANGIBLE RESULTS
During 2025, 178 new companies joined the Works for Taxes mechanism, while 102 public entities—including regional governments, local governments, and National Government entities—used it for the first time, significantly expanding its coverage and territorial reach.
By type of public entity, regional governments accounted for 55% of the total awarded amount (PEN 2.845 billion), followed by local governments with 35% (PEN 1.788 billion), National Government entities with 10% (PEN 542 million), and public universities with 0.1% (PEN 5 million).
In terms of sectors, transport projects (PEN 1.275 billion), education (PEN 1.168 billion), public order and security (PEN 752 million), and health (PEN 744 million) stood out—areas with a direct impact on citizens’ quality of life.
The outlook for 2026 is positive. As part of the Transition and National Reconciliation Government’s strategy to boost economic recovery and territorial development, the annual cap for the issuance of Regional and Local Public Investment Certificates (CIPRL) was increased by 50%, reaching PEN 66.838 billion, of which PEN 32.589 billion corresponds to regional governments and PEN 34.249 billion to local governments.
