Lima Region Launches $287 Million in Infrastructure Projects
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Peru's Proinversión and the regional government of Lima have launched 40 infrastructure projects worth $287 million.
- The projects will be developed using the "Obras por Impuestos" (Works for Taxes) mechanism.
- Key sectors include education, transport, agriculture, sanitation, security, health, and environment, aiming to benefit over 900,000 residents.
Peru's Agency for the Promotion of Private Investment (Proinversión), in collaboration with the regional government of Lima, has unveiled a significant portfolio of 40 infrastructure and basic services projects. Valued at 979 million soles (approximately $287 million), these initiatives will be developed through the "Obras por Impuestos" (Works for Taxes) mechanism in the provinces surrounding the capital.
The diverse project pipeline includes 13 investments in education totaling 92 million dollars, 15 in transportation amounting to $71.6 million, and five in agriculture valued at $28.5 million. Additionally, there are projects in sanitation ($14.8 million), citizen security ($26.3 million), health ($41.4 million), and environmental initiatives ($11.9 million). Collectively, these projects are designed to improve the lives of over 900,000 inhabitants across various districts in Lima's provinces.
Proinversión reported that since 2024, 126 projects have been awarded under the "Obras por Impuestos" scheme in the Lima Region, representing an investment of 847 million soles ($248 million). The "OxI: Lima Invierte" event, organized by Proinversión for potential investors and developers, aimed to accelerate the execution of critical infrastructure and services in priority sectors. This initiative underscores a commitment to regional development and enhancing public services through private sector participation.
Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.