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Gap in infrastructure is S/363,000 million: 5 times more than the budget for works

Gap in infrastructure is S/363,000 million: 5 times more than the budget for works

Currently, the gap in infrastructure in the short term amounts to S/117,000 million and, in the long term, to S/363,000 million, five times more than the budget that ProInversión has for its works, according to the Minister of Economy and Finance, Alex Contreras.

In his opinion, an investment shock is required, especially in housing and health, to reduce these defects. For this reason, he indicated that his management in the MEF will continue to focus on recovering business confidence despite the freezing of macroeconomic indicators.

“We need to undertake reforms, but financing is required. How do we improve health without resources? One of the mechanisms that will help us are the public-private partnerships that are being reactivated. There is greater interest“, he noted in ProInversión.

It is important to add that, for this year, ProInversión expects to award eight PPP projects and assets for up to US$5.7 billion, according to its executive director, José Salardi.

The portfolio is made up of two electric transmission line projects (US$833 million), Huancayo-Huancavelica Railway (US$340 million), Puerto Maldonado WWTP (US$89 million), Ancón Industrial Park (US$762 million) and the Longitudinal Highway of the Sierra Section 4 (US$914 million). Added to this, there are also the Peripheral Road Ring (US$2,380 million) and the New San Juan de Marcona Port Terminal (US$405 million).

Source: Larepublica

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