en.Wedoany.com Reported - The Social Fund of the Bayóvar Comprehensive Project (Fondo Social del Proyecto Integral Bayóvar, FOSPIBAY) plays a coordinating role among the public sector, private enterprises, and communities, transforming mining royalties into tangible projects that meet local needs. The fund is jointly composed of the Provincial Municipality of Sechura, the San Martín de Sechura Rural Community (Comunidad Campesina San Martín de Sechura), and the Compañía Minera Miski Mayo, with Segundo Eduardo Reusche Castillo serving as General Manager.

As FOSPIBAY marks a new anniversary, its objectives span multiple areas, including promoting human capacity development, strengthening the provision of basic services, reducing child malnutrition rates, improving education and healthcare quality standards, and expanding health services. The fund has become a cornerstone for projects such as a honey processing plant, the Chusis electrification project, and the Bellavista sanitation works.

General Manager Reusche Castillo gave a positive assessment of the fund's work, highlighting its significance for the province of Sechura. He noted that FOSPIBAY has successfully consolidated its role as a coordinating body, transforming mining royalties into opportunities for the people and prioritizing projects with social and local impact. To date, the fund has executed 276 million soles for 186 completed and ongoing projects.

The fund's main contribution lies in helping to close historical gaps in basic services, infrastructure, education, electrification, and productive development, particularly in areas with limited development opportunities. For example, the "Iluminando Sechura" (Lighting Up Sechura) program has benefited 2,700 households.

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