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LatinNews Daily - 22 January 2021

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In brief: Peru unveils infrastructure investment plans for 2021

* 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).