* Peru’s state-run private investment promotion agency, Proinversión, has unveiled the government’s Public-Private Partnership (PPP) project portfolio for 2021. The portfolio contains 11 projects proposed by the government worth a total of US$2.5bn and interest declared in developing nine other private initiatives, worth a total of US$3.7bn in investment. Proinversión executive director,
Rafael Ugaz, emphasised that PPPs would be “
essential for economic reactivation” in the wake of the coronavirus (Covid-19) pandemic, and praised the finalisation of “
a robust portfolio of mature projects”. Confirmed projects for the first quarter of the year include natural gas massification and electricity substation projects in Piura region (US$410m), the construction of a railway line between Junín and Huancavelica regions (US$260m), and a new industrial park in Lima province (US$750m).
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