Proinversión promotes economic development in Peru with sustainable infrastructure projects.

The recent informational conference organized by the School of Government and Public Management at ESAN highlighted the fundamental role that Proinversión plays in Peru's economic development. José Salardi, Executive Director of Proinversión, emphasized the portfolio of public-private partnership (PPP) projects and asset projects (AP) that are transforming infrastructure and services in the country. With a clear focus on attracting private investment, Proinversión stands as a crucial engine for sustainable growth. From 2019 to June 2024, Proinversión has managed to award projects totaling over 7.4 billion dollars. This figure not only reflects the magnitude of the efforts made but also the impressive diversity of the sectors involved. From road infrastructure to telecommunications and sanitation, the project portfolio is a reflection of the country's most pressing needs. The year 2023 marked a significant milestone, with awarded amounts 24 times higher than the previous year. This surge in investment is a clear indication that the implemented policies are yielding results. In the first half of 2024, the figures continued to rise, doubling what was awarded in 2023. Landmark projects such as the Peripheral Road Ring, with an investment of 3.396 billion dollars, and the expansion of Bayóvar phosphates, at 940 million dollars, are examples of how infrastructure needs in the country are being addressed. Looking to the future, Proinversión plans to award up to 17 additional projects in the second half of 2024, with investments exceeding 3 billion dollars. Among these new projects are the Ancón Industrial Park, which will require an investment of 762 million dollars, and the management of the New Emergency Hospital in Villa El Salvador, with a cost of 154 million dollars. These initiatives are not only investments in infrastructure but also in improving the quality of life for citizens. The projection for the years 2025 and 2026 is even more ambitious, with the inclusion of 70 PPP and AP projects, totaling over 16.96 billion dollars. This extensive portfolio covers critical areas such as education, health, sanitation, and telecommunications, ensuring that the country's development is comprehensive and sustainable. Such an approach is essential for addressing current challenges, such as access to basic services and the need for modern infrastructure. Proinversión's work is not limited to awarding projects; it also involves a commitment to transparency and efficiency in managing these projects. By fostering a conducive environment for private investment, Proinversión is contributing to job creation and strengthening the local economy. This commitment translates into a positive impact that goes beyond the numbers; it is reflected in the daily lives of Peruvians. Moreover, it is crucial to note that the diversification of the project portfolio not only responds to current demands but also anticipates the future needs of the country. With an emphasis on sustainability, Proinversión is ensuring that investments are not only profitable but also contribute to social and environmental well-being. The transformation that Proinversión is carrying out in Peru's infrastructure and public services is remarkable and deserves to be highlighted. In a context where private investment can be key to development, the work of this entity serves as a model to follow. This proactive approach not only positions Peru as an attractive destination for investors but also contributes to the ongoing improvement of the quality of life for its residents. In conclusion, José Salardi's presentation at the ESAN conference has illuminated the path that Peru is taking toward economic development. With a robust and diversified portfolio, Proinversión establishes itself as a pillar in the pursuit of a prosperous and sustainable future for the country. As new projects are awarded, the expectation is that this trend will continue, taking Peru to new heights in terms of infrastructure and quality of life.