In the first half of 2024, the amount awarded through the Works for Taxes (OxI) mechanism reached a historic record of S/1,631 million through 28 projects completed with the technical assistance of the Private Investment Promotion Agency (Proinversión). This result even exceeded the annual amounts awarded in 16 years of the creation of the Works […]
Tag: works for taxes
ProInversión: public entities plan to award more than S/1,000 million in OxI in 2024
The outlook for the awarding of Works for Taxes (OxI) projects by public entities (ministries, regional governments, local governments and public universities) for the current year 2024 is favorable. They are expected to exceed the barrier of S/1,000 million, according to estimates by the Private Investment Promotion Agency (ProInversión). To date, ProInversión and public entities […]
ProInversión: Works for Taxes projects have been identified for more than S/5,800 million
The Agency for the Promotion of Private Investment (ProInversión) reported that it has identified 491 projects nationwide to be executed through the Works for Taxes (OxI) mechanism with an approximate investment amount of S/5,847 million. According to the body attached to the MEF, of this total, 345 have already been prioritized by public entities, 11 […]
Government approved the expansion of sources of financing for works for taxes
The Executive power approved the modification of the mechanism of works for taxes (OxI), which will allow regions that do not have income from fees and surcharges to use other sources of income for the development of investments in partnership with the private sector. The measure will promote the development of investments and contribute to […]
They sign work for taxes in favor of the Huancayo fire company
Caja Huancayo will finance the modernization of the fire company in Huancayo with an investment of S / 24.9 million, in order to prevent loss and safety problems for the benefit of citizens. This is the second work financed by Caja Huancayo through works for taxes. The first was the project of the technical unit […]
Award of works for taxes in 2021 exceeds prepandemic levels, highlights Proinversión
The executive director of the Agency for the Promotion of Private Investment (Proinversión), Rafael Ugaz, assured that, until the third quarter of 2021, the State has awarded a total of 29 Tax Works (OxI) projects for a total of S / 350 million. This represents 44% more than what was awarded in the same period […]
MEF: business organizations could participate in the design of Tax Works
The Minister of Economy and Finance, Pedro Francke, argued that the private sector can play a fundamental role in the design and execution of Tax Works (OxI), which is why, soon, so, in his opinion, business organizations could have their own offices to help them to design and execute projects more effectively. During his presentation […]
MVCS has 19 Tax Works projects on the agenda for more than S / 808 million
The Minister of Housing, Construction and Sanitation, Geiner Alvarado, reported that its portfolio has a portfolio of 19 sanitation projects in Tax Works (OxI) for more than S / 808 million, the same that have a private company interested in financing them, and whose prioritization is being managed. During the event “From Commitment to Action: […]