July 11, 2025 - 2 min

Megaprojects in Peru: Public-private portfolio seeks to reactivate the economy by 2025

With 80 projects in its portfolio, Peru is promoting public-private partnerships to grow without compromising fiscal balance.

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The Ministry of Economy and Finance (MEF) has announced an ambitious portfolio of Public-Private Partnership (PPP) projects for more than US$ 9.96 billion to be executed between 2025 and July 2026, with the aim of boosting private investment in key sectors such as transportation, energy, health and sanitation. In turn, ProInversion - Private Investment Promotion Agency - estimates a broader goal: US$ 16 billion in 80 PPP projects and assets during the same period.

The portfolio includes mega-projects such as the Lima Peripheral Ring Road, awarded in 2024 for more than US$ 3.4 billion, which will benefit 4.5 million Lima residents and generate close to 90,000 jobs between construction, operation and maintenance. Also noteworthy are hospitals in Piura and Chimbote under the PPP modality for more than US$ 400 million, as well as port modernization projects in regions such as Ancash, Loreto and Ucayali, with an estimated investment of US$ 579 million, aimed at improving national logistics competitiveness.

Economic recovery through infrastructure

Beyond the sectoral impact, this strategy responds to a context of economic slowdown and falling private investment. The government is betting on infrastructure as a countercyclical tool, mobilizing private capital without compromising fiscal balance. The execution of these projects seeks to boost growth, attract foreign investment and reduce structural gaps in services and connectivity.

Viability, transparency and investment attraction

The structuring, promotion and awarding processes are being strengthened to ensure the technical and social viability of the projects. According to ProInversion, the objective is to execute large-scale works with efficiency, transparency and high social impact. The institutional framework of the PPP model is positioned as key to sustain a new stage of development based on public-private partnerships.

 

Armando Herrera
General Manager Fynsa Peru

Sources: MEF (2025), Gestión (2024), InvestInPeru.pe (2025), ProInversión (2024), LinkedIn ProInversión (2024), Infobae (2025).