Currently, Peru has a portfolio of 1,652 megaprojects whose investment would amount to US$194,396 million, revealed the head of the Institute of Economics and Business Development (Iedep) of the Lim Chamber of Commercea (CCL), Oscar Chavez.
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These works represent around 70% of the Gross Domestic Product (PBI) with a view to being implemented in different regions in approximately five years. By sector, the representative of the Lima Chamber of Commerce said that there are 70 mining projects. Most of them are currently concentrated in Cajamarca and Apurímac.
In hydrocarbons, meanwhile, there are 25 projects, of which 14 are for exploitation, nine for refining and two for transportation. In addition, the Chamber of Lima Trade revealed that 22 are operated by the private sector via licenses.
Electricity is also included, with 100 projects totaling around US$14,572 million, with Arequipa, Cusco and Huánuco being the areas with the highest expenditure. In transport, meanwhile, 430 projects were identified for US$61,850 million, of which 180 are public works and 25 will be awarded as Public Private Partnerships (PPP).
On the other hand, according to data from the union, in health there are 215 works for US$11,441 million, of which one is a private investment and six will be awarded under the PPP modality.
“The report highlights important investment projects that, once completed, will improve the country’s competitiveness and productivity. However, their implementation will depend on the capacity of the government, the private sector and foreign investment to overcome challenges such as bureaucracy, corruption and financing restrictions,” said the CCL representative.
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