en.Wedoany.com Reported - Peru's Private Investment Promotion Agency (ProInversión) plans to award and sign contracts for 13 infrastructure and basic services projects by the end of the year, totaling $3.454 billion.
ProInversión's current portfolio includes 86 projects, 7 project appendices, and 6 logistics corridors, with a total investment scale of approximately $40 billion. Key projects include: Transmission Plan Groups 2, 3, and 4 for 2025-2034 (total investment $702 million), the Obras de Cabecera project ($780 million), the Choquequirao cable car project ($412 million), and the Sullana hospital project ($188 million). The portfolio also includes several road corridors, specifically: Desvío Las Vegas-Mazamari-Puerto Ocopa ($353 million), Puente Carrizales-Pariacoto ($206 million), Corredor Vial 6 ($192 million), the Sicuani-Pucará-Calapuja road corridor ($111 million), the Atico-Dv. Quilca-Matarani-Ilo road corridor ($240 million), Corredor Vial 4 ($163 million), and the Cusco-Pisac highway ($107 million).
This year, the PTAR San Martín project ($239 million), the Chimbote International Terminal ($463 million), the Lima Metropolitan CER project ($584 million), and the Cusco school project ($218 million) will also be awarded, but these contracts are scheduled to be signed in the second quarter of 2027. Peru's infrastructure gap is estimated to be between $110 billion and $160 billion, concentrated mainly in drinking water, transportation, education, health, and roads. Public infrastructure management expert Karla Gaviño told BNamericas that there are also approximately 2,241 suspended or stalled projects involving funds of 73 billion soles (about $18.25 billion).
The government of President Keiko Fujimori, who will take office on July 28, plans to treat private investment as an engine of growth. Her campaign promises include expanding airport infrastructure and building new airports in Oxapampa, Chimbote, Moquegua, Puno, Huancavelica, and Huancayo. However, fulfilling these promises faces challenges: Peru's infrastructure projects are often delayed or shelved due to complex permitting procedures. At a recent ProInversión event, Yaco Rosas Romero, Director of the agency's Project Portfolio Management, noted that ProInversión has awarded 151 projects in its 24-year history, with a total value of approximately $42 billion, averaging $2 billion per year. During the 2016-2025 period, the agency planned to award projects worth $150 billion, targeting $15 billion annually. However, Rosas stated that the actual annual average over the past four years was $6 billion, an improvement over previous years, but he described this figure as still "very poor." Given the infrastructure gap identified by Rosas and the history of slow authorization, the new government will face the challenge of accelerating the execution of the existing project portfolio and prioritizing new projects.
