During the presentation of the ‘Investment portfolio 2025-2026‘, the head of the Ministry of Economy and Finance (MEF), José Salardi, reported on a total of 80 projects for an investment of US $ 16,000 million.
He also stressed that the main commitment of the Government period 2023-2026 is to award projects for approximately US $ 35,000 milliona figure equivalent to the investment made in Peru between 2002 and 2022.
“Impossible. They do not have an advice on succession or public management, so they lack a specific data based that allows estimating the cost-benefit and viability of the project,” said Eduardo Recoba, economist from Iforex Latam, to the Republic.
This limitation, continued recob, translates into a market failure, since it prevents investors-both in public-private partnership schemes (App) as in asset investment models – a clear and reliable frame of reference.
Zero sum
In 2023, public-private partnerships (app) marked a turning point after a slow development period due to various factors. That year, projects were awarded for a total of US $ 2,332 million, which began a upward trend that was consolidated in 2024when the investment reached US $ 8,956 million, the highest level of the last decade.
However, not everyone sees this growth as a significant advance. Recoba questioned the true impact of these amounts and minimized their real effect. “There was nothing substantial. It was spent on low impact obrites that generated a statistical effect, ”he said.
The minister, in contrast, defended the strength of the projects and highlighted his multisectoral character, covering areas such as electricity, education, water and sanitation, transport, communications, health and mining. For him, this approach reflects a new dynamic and greater confidence in the private sector, both local and foreign, in actively participating not only in Appbut also in selective projects.
“The goal set for this year is to exceed US $ 8.3 billion,” Salardi announced.
The year began with the award of the Chincha wastewater treatment plant (Ptar chincha), For an amount of US $ 97 million. In the coming months, the incorporation of new initiatives is expected.
“Today, the apps have not generated any contribution,” said Eduardo Recoba after the MEF holder’s statement.
Updated goal
The updated project of project adjudication under the modality of public-private associations (app) and projects in assets (Pa) for 2025 It amounts to 34 initiatives, with an investment exceeding US $ 8,000 million.
In the sectors of sanitation, health and education, the award of 12 projects is expected for a total of US $ 2,450 million, highlighting the wastewater treatment plant (PTAR) Trujillo. It is followed by the transport sector, with nine projects valued at US $ 2,994 million, where the longitudinal of the Sierra section 4 is the most representative.
In the area of real estate and tourism, the award of five projects for US $ 2,524 million is contemplated, with the Ancón Industrial Park as a reference. And for the electricity sector, the award of eight initiatives for a total amount of US $ 401 million is projected, highlighting Group 3 of the 2023-2032 Transmission Plan.
With respect to 2026the goal amounts to 46 projects awarded for more than US $ 8,000 million. The transport and communications sector will concentrate 17 projects for US $ 5,830 million, with the third group of airports as an emblematic initiative. In health and sanitation, the award of ten projects for US $ 1,334 million is expected, highlighting the Hipólito Unánue hospital.
In education, four projects for US $ 356 million are contemplated, with the VMT CER as a representative initiative. Finally, in hydrocarbons and electricity, 15 projects for US $ 752 million will be awarded, with the distribution of natural gas in Arequipa, Moquegua and Tacna as the main reference.
Additional app
Up to 13 projects to be structured and awarded for more than US $ 19.3 billion. Two correspond to the Lima Metro: Line 3 (US $ 6,924 million) and Line 4 (US $ 3,739 million). José Salardi commented that they would be awarded next year.
Luis del Carpio, executive director of Proinversionstressed in the same event that the country has extensive experience in the execution of large infrastructure projects under different schemes
“It’s pure rhetoric. There is no clear information, no solid technical data that supports a real advance. It seems more a political showcase than a plan with fundamentals, ”said Recoba.
Ten correspond to cables In Lima (El Agustino and Independencia and San Juan de Lurigancho), Áncash, Cusco, Puno, Moquegua and San Martín, for US $ 520 million and as a representative project the Huascarán Cable Car. Its purpose is to help the mobility of people and to support the transport problem, as well as contribute to tourism.
And the last to the Marcona-Andahuaylas railroad.
Source: Larepublica
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