The Private Investment Promotion Agency (Proinversión) began the Roadshow Asia 2023 today, Monday, November 27, in Beijing (China), with the aim of attracting investors from Asian companies to the 55 Public-Private Partnerships and Asset Projects projects which the entity is currently promoting to be awarded in the period 2024-2026, for a total amount of US$15,000 million.
He Roadshow Asia 2023 will take place, in addition to Beijing, in the cities of Seoul, South Korea (November 29 and 30) and Tokyo, Japan (December 1 and 2), in which actions to disseminate information and contact with decision makers through presentation events of the PPP project portfolio and Asset Projects, and the development of bilateral meetings with the main executing and operating companies in the infrastructure sector.
The promotional activities are being led by the director of the Special Directorate of Proinversion Projects, Luis del Carpio, and have the support of the Embassies and Consulates of Peru in each of the aforementioned cities. Furthermore, in the case of South Korea there is support from the International Contractors Association of Korea (Icak), and for Japan with MUFG (Mitsubishi UFJ Financial Group).
First day in Beijing
On the first day, held in Beijing (China), del Carpio presented the 2024–2026 portfolio to more than 80 investors, banking executives, construction industry, law firm, project developers, among others, who met at the Park Hyatt Beijing Hotel.
Likewise, the official held bilateral meetings with representatives of the following companies and corporations: CRRC Hong Kong Co. Ltd.; China International Contractors Association (CHINCA); Silk Road Fund Co., Ltd.; China Harbor Engineering Company Ltd.; Asian Infrastructure Investment Bank; China Council for International Investment Promotion; China Construction Technology Consulting Co., Ltd. (CCTC); Unfold Plane Architects, Inc.; and China Machinery Engineering Corporation.
On Wednesday, November 29 and Thursday, November 30, Roashow Asia 2023 will be held in the city of Seoul (South Korea), where meetings are scheduled to be held with representatives of the companies Samsung Engineering; Samsung C&T; Moon Engineering; Hyundai E&C; and Korea Airports Corporation.
Finally, on December 1 and 2, 2023, the promotional activities will conclude in the city of Tokyo (Japan), where meetings will take place with OJITZ Corporation, MITSUBISHI Corporation, Japan Bank for International Cooperation, Sumitomo Mitsui Banking Corporation, Mitsui, NIPPON KOEI and Marubeni.
What projects are you looking to develop?
The 2024-2026 project portfolio is made up of six Transportation and Communications projects for more than US$4.4 billion, among which the Peripheral Road Ring, the Longitudinal Highway of the Sierra-Section 4, the Huancayo – Huancavelica Railway and two port terminals (San Juan de Marcona and Chimbote).
Likewise, the portfolio also includes 13 water and sanitation projects, for US$1.2 billion, among which the Headwater Works in Lima, treatment plants (WWTP) such as the Trujillo WWTP, Chincha WWTP, Cusco WWTP, Cajamarca WWTP, and San WWTP stand out. Martín and Ilo Desalination Plant. Also part of Proinversión’s portfolio are 18 Electric Transmission projects for an estimated amount of US$900 million.
Regarding the education portfolio, there are five projects for more than US$600 million, among which four Schools at Risk in Metropolitan Lima stand out. For its part, the health sector has 8 PPP projects, for more than US$ 600 million. The Operation and Maintenance projects of the New Villa El Salvador Emergency Hospital and the Operation and maintenance of the Cajamarca hospital.
The PPP project portfolio is also made up of two Agriculture and Irrigation projects, for US$1.2 billion; two projects in the Tourism sector, for US$200 million; two real estate projects, for more than US$800 million; among others.
The entity highlighted that Peru’s macroeconomic stability, the legal framework favorable to private investment (free circulation of capital, free competition and the guarantee of private property) and the national infrastructure plan position our country as an attractive place for top level investors.
Source: Larepublica
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