MEF: Private investment would reach S/111,000 million in 2023

MEF: Private investment would reach S/111,000 million in 2023

The Ministry of Economy and Finance (MEF) expects that this year private investment will reach S/111,000 million, according to the Multiannual Macroeconomic Framework 2024-2027 (MMM 2024-2027).

“If compared to the pre-pandemic period, we are clearly at much higher levels of investment,” said the head of the MEF, Alex Contreras, during the presentation of the MMM 2024-2027.

In 2021 and 2022 private investment reached S/116 million. While in 2018 and 2019, the figure was S/101 and S/97 million, respectively.

In this sense, he highlighted that to date the award record has been broken through public-private associations (PPPs) and active projects, with more than US$1.3 billion awarded. “The goal is to exceed US$3 billion by the end of the year,” said Contreras.

Among the drivers of private investment this year are infrastructure projects, such as Line 2 of the Lima and Callao Metro, with US$5,346 million; Chancay Port (US$3,000 million), Jorge Chávez Airport (US$1,200 million), Muelle Sur Port (US$731 million), etc.

Source: Larepublica

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