Chavimochic III will be executed under the Government-to-Government modality

Chavimochic does go. The governor of La Libertad, César Acuña Peralta, reported that the Executive has decided to complete the Palo Redondo dam through the Government-to-Government investment modality. This decision was made after holding a meeting with the Minister of Agrarian Development and Irrigation, Nelly Paredes, and the Minister of Economy and Finance, Alex Contreras.

In this way, the Ministry of Agrarian Development (Midagri) and the Regional Government of La Libertad will sign an agreement so that this second institution is in charge of supervising, controlling and auditing so that the works in Chavimochic be executed in the shortest possible time.

“The efforts are going very well because basically it is an administrative change. If we are optimistic this week we will sign the agreement, and the following week Midagri will have to see with which government the work will be done. The news is that Chavimochic is going, and I feel happy because there is political will”, commented Acuña.

What stage is the work in?

Work on the Palo Redondo dam was halted in 2016, when it was 70% complete, after the concession company was questioned for corruption issues.

The governor hopes that this year the tender can be made and the works will restart in 2024 to finish the Palo Redondo dam and build the mother canal, high-impact works that will provide more water for irrigation of cultivated areas in the valleys of Viru and Chao.

In addition, it will allow the incorporation of 30,000 new hectares for crops and boost the supply of water for consumption in the province of Trujillo, since currently the coverage is barely 50%.

Acuña Peralta highlighted that the III Stage of the Chavimochic Project will generate around US$1.5 billion in foreign currency per year and will generate 150,000 jobs directly, an important aspect in the current social, political and economic crisis that the country is experiencing.