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October 3, 2024
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Mining financed S/3,787 million in Tax Works

Minería

Companies in the mining sector financed 185 projects under the mechanism of Works for Taxes (OxI). These projects total S/3,787 million, revealed the Private Investment Promotion Agency (Proinversión).

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According to Proinversión, 69% of these works are aimed at the education, transportation, health and sanitation sectors.

There are a total of 31 mining companies that have joined this mechanism, with Antamina being the one that has disbursed the most resources in OxI with S/1,826.5 million. This company is followed by Southern Perú with S/1,133 million and Volcan with S/113 million.

The projects were executed in 16 regions, but Áncash (42.5%), Moquegua (11.5%) and Tacna (9.1%) lead the ranking with investments of S/1,610 million, S/436 million and S/346 million, respectively.

The projects with the highest investment were the Chilina Bridge (S/ 260 million), from the Regional Government of Arequipa, financed by Southern Perú, Interbank and Backus. Meanwhile, the Antamina company financed the Huarmey drinking water, sewage and wastewater treatment project (S/ 221.8 million) and the Improvement of health services in the Huari – Áncash health facility (S/ 206 million ), of the Ministry of Housing, Construction and Sanitation (MVCS) and the Ministry of Health (MINSA).

“It should be noted that the Works for Taxes mechanism is a public investment execution modality that allows quality projects to be quickly executed with the participation of private companies, contributing to closing gaps,” Proinversión indicated.

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