The Private Investment Promotion Agency (ProInvestment) reported that, during the period between January and June 2023, has awarded six projects through the modalities of Public-Private Partnerships (PPP) and Asset Projects, with an approximate investment of around US$1,000 million. This figure exceeds the total amount of awards accumulated by the entity in the period between 2019 and 2022, which amounted to US$656 million.
José Salardi, executive director of ProInversión, highlighted that the year 2023 “has witnessed a renaissance in the award of PPP projects and Projects in Assets”, as a result of a joint and coordinated effort with the ministries, authorities and the private sector. In addition, he highlighted the meticulous technical work of the entity’s professionals, which has made it possible to speed up and simplify the processes.
During the first semester, the following six (6) projects have been awarded in three bidding processes:
- Ica-Poroma Electric Transmission Line and Jaén-a Cáclic Transmission Line (US$73 million): These projects will benefit more than 370,000 people in the regions of Ica, Cajamarca and Amazonas, providing a reliable and quality electric power service.
- AWS-3 and 2.3 GHz Radio Spectrum Bands for internet and 4G mobile telephony (US$640 million): This award will improve and expand 4G mobile services (telephony and internet) in a total of 3,825 rural locations.
- ESSALUD Specialized Hospitals in Piura and Chimbote (US$323 million): These hospitals will benefit more than 1.6 million EsSalud policyholders in Piura, Tumbes and Áncash.
“This reactivation of PPP project awards is taking place in accordance with the recovery of the confidence of local and international private investors in the Peruvian economy and its performance in the medium and long term, since investments through PPPs are bets in the long term”, highlighted Salardi.
Estimates for the second semester
For the second semester of 2023, ProInversión aims to award 12 projects under the PPP and Asset Projects modalities, with a total investment that will exceed US$2,000 million. Among the outstanding projects are eight (8) electrical projects, with a total investment of more than US$1.2 billion. Among them is the Piura Nueva – Frontera Substation 500 kV Transmission Line project (US$223 million), which will guarantee the security of energy supply for Peru and Ecuador.
In addition, it is planned to award the Ancón Industrial Park project (US$750 million), which will promote the economic and social development of Lima, generating 120,000 direct and indirect jobs.
There is also the Ferrocarril Huancayo – Huancavelica project (US$263 million) and the New San Juan de Marcona Port Terminal (US$410 million), whose declaration of interest is scheduled for the third quarter of 2023 and would be awarded to the proponent if not No third party interested in the project will present itself after 90 days.
Source: Larepublica
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