May 8, 2017 |
The Peruvian government’s private investment promotion agency, ProInversión, has big plans. After averaging no more than $1 billion per year over the past three years, the agency intends to increase the pipeline of public-private partnerships (PPPs) to more than $4 billion in 2017, before rising to over $10 billion in 2018. After that, ProInversión aims to maintain between $10 billion and $15 billion in the PPP pipeline in the years to come.
Several initiatives, including toll roads, power lines and public transit projects, are set to come to market. But with a larger pipeline in the works, the government cannot provide the same levels of guaranteed disbursements as it has done in the past
Peru's investment promotion agency plans to increase cash coming into public-private partnerships by an order of magnitude in the coming years. ProInversión's executive director spoke to Mick Bowen about the organization's ambitious goals