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Tag: Investment

Authority for Reconstruction with Changes executed about 80% of its 2021 budget

Authority for Reconstruction with Changes executed about 80% of its 2021 budget

The Authority for Reconstruction with Changes (ARCC), as executing entity, invested S / 1,995 million in 2021, an amount that represents 79.5% of the S / 2,508 million budgeted. In this way, it becomes one of the highest execution rates among the ministries. The executive director of the ARCC, Amalia Moreno Vizcardo, highlighted that this […]

Ayacucho: MVCS allocates more than S / 10 million for works that will benefit 1,730 inhabitants

Ayacucho: MVCS allocates more than S / 10 million for works that will benefit 1,730 inhabitants

The Ministry of Housing, Construction and Sanitation (MVCS) reported that, thanks to the expansion and improvement of water and sewage works, basic quality services will reach the Chaquihuaycco stream, in Ayacucho, thus benefiting some 1,730 neighbors. The project that is located in the province of Huamanga, has an investment of S / 10 million 690 […]

MEF: public investment exceeded 39,000 million in 2021

MEF: public investment exceeded 39,000 million in 2021

Public investment achieved an execution of S / 39,102 million 622,434 during the year 2021. The figure represents a nominal growth of 38.02% compared to the expenditure of S / 28,330 million 668,470 registered in 2020, according to the Ministry of Economy and Finance. (MEF). The national government added S / 16,392 million 47,562 of […]

Nestlé Peru announces investment of S / 200 million in Ate plant

Nestlé Peru announces investment of S / 200 million in Ate plant

The food company Nestlé Peru announced that it will invest about S / 200 million in the remodeling of its distribution center in Ate, as well as in the acquisition of technology and production lines. In this way, the company plans to modernize the manufacturing of its key products in the country. Likewise, it will […]

Color Centro plans to invest around S / 3 million in Peru during 2022

Color Centro plans to invest around S / 3 million in Peru during 2022

The Peruvian paint shop chain Color Centro plans to open 26 new stores during 2022. The total estimated investment for the opening is S / 2 million 990,000, according to the company. The distribution of the new stores will be 7 stores in the north, 5 in the center-east, 4 in the south and 10 […]

Arequipa: more than 700 citizens will benefit from the restart of rural sanitation work

Arequipa: more than 700 citizens will benefit from the restart of rural sanitation work

The Ministry of Housing, Construction and Sanitation (MVCS) monitored the resumption of potable water and sewerage works that are being carried out in the district of Uñón, Castilla province, in Arequipa. This rural sanitation project has a investment total of S / 6,793,646 and will benefit the residents of the towns of Uñón, Ampliación Nuevo […]

Luis Miguel Castilla: “The president wants a redistributive agenda and the requirement is that there be growth in the country”

Luis Miguel Castilla: “The president wants a redistributive agenda and the requirement is that there be growth in the country”

There is an immense accumulation of paralyzed public works. They total more than S / 20 billion and it is one of the curses of the Odebrecht effect, the Construction Club, among others. What to do to unlock them? It is a very complicated issue, and it is not only due to acts of corruption […]

Works for almost S / 20,000 million complete another year without being unlocked

Works for almost S / 20,000 million complete another year without being unlocked

At least some US $ 5 billion (approximately S / 20 billion) in investments of a major caliber remain stuck due to links to corruption. The stoppage of the Majes Siguas II irrigation project, which should allow the cultivation of high-value agro-export products such as avocados, grapes and artichokes (income for Arequipa for more than […]

Solar Energy in Peru would generate an investment of more than US $ 1.4 million

Solar Energy in Peru would generate an investment of more than US $ 1.4 million

The development of solar energy projects in Peru would generate an investment of US $ 1,470 until 2030. The industry would also produce 7,350 direct jobs, according to Paloma Sarria, executive director of the Peruvian Renewable Energy Association. “Peru has world-class energy resources: solar and geothermal in the south, wind power in the center and […]

MTC has 1,096 projects and works for S / 270,912 million nationwide

MTC has 1,096 projects and works for S / 270,912 million nationwide

The Ministry of Transport and Communications (MTC) reported that Peru has a portfolio of 1,096 investments for 2021, which represents a cost of S / 270,912 million. Said execution of projects and works at the ground level, aerial and maritime would benefit thousands of citizens. This was announced by Julio Lazo, advisor to the MTC […]