La Libertad is preparing to be the destination of Europe and other destinations in the world after 2026, with the completion of the III stage of Chavimochic, a project that has been postponed for years and that hopes to see a light at the end of the tunnel with the prompt presentation of offers from two countries that are committed to completing the Palo Redondo dam, through the modality of government-to-government works.
However, the future of the Palo Redondo dam, which is the main axis of the entire III stage of this megaproject, remains uncertain while waiting for its completion. This infrastructure has 70% of its construction, works that have been paralyzed since November 2016, as could be seen in a visit that La República made to the place where the dam is located that will store 366 million cubic meters of water.
In this infrastructure there is still the mark of the El Niño 2017 phenomenon, which covered the dam in 11 meters of water reservoir and on the tour we were able to verify that there is still water impounded after the arrival of the Palo Redondo stream in March this year, which gives hope that in a few years the purpose of all this megaconstruction will be fulfilled. Just as the adduction and restitution tunnels that are works adjacent to the dam, which have yet to be completed, more than six years have passed and the wind generates a sound from the echo of those tunnels that ask for the restart of works that no one hears. The benefits and benefits of the project are written on the gigantographs
existing in the place, but it is only necessary that this political decision does not stop and this is put into motion as soon as possible and improves the economy of La Libertad.
A few months ago, the head of Midagri issued the call for international bidding through the embassies stationed in our country. At first, there were up to four countries that were in favor of resuming these works that have been paralyzed since 2016 due to non-compliance with both. parts of both the concessionaire, which was the companies consorted with Odebrecht, and the grantor, the regional government. In 2017, this entered into an arbitration that only in October 2022 could the ruling be known and the unblocking of the balance of works to be completed began.
Until November 14, is the deadline for the Netherlands and Canada to present their binding technical proposals for the completion of the Palo Redondo dam and other complementary works in phase I of this project.
Economic impact
The III Stage of Chavimochic, an irrigation project that will be the engine of development and will help the socioeconomic sustainability of this region and the country, especially in this time of recession.
The Palo Redondo dam structure is 70% complete; That is, 70 meters of the 90 it should have have been built, with a financial advance of US$226 million.
For the economist Francisco Huerta Benites, president of the Institute of Economics and Business, currently the I and II stages of this irrigation project have generated 11% in employment of the Economically Active Population (PEA) by job creation in the region.
and higher nominal wages that put pressure on demand.
“The implementation of the first phase of this III stage will mean greater incorporation in exports, greater employment and income, because employment doubles, wages rise because greater demand pressures, they are indirectly influenced by greater demand. and this reactivates the local economy, transportation sector, supplies, food sector, textiles for workers, seed suppliers, a great project that should finish consolidating,” he expressed.
Improve infrastructure
“This is doubly favorable for the economy that is growing below 1% and an injection like the one expected brings great benefit due to the situation we are seeing, production levels are low, levels of informality in work are high,” argues Huertas Benites.
The also dean of the College of Economists of La Libertad explained that a capacity to supply adequate qualified labor must be developed so that it is demanded by these companies that come into operation.
“By energizing the regional and country’s economy, infrastructure, port services in Salaverry and Trujillo airport must be improved, the latter must finish the modernization process and be competitive and not wait, if we are not attractive to businessmen we will simply export. through Chancay and this generates higher transportation costs with an increase of 100 dollars in freight to take it to
On the other hand, the container, we must be competitive, being one more incentive for private investment supported by public investment to optimize the supply of port and airport services,” he indicated.
Source: Larepublica

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