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WHY INVEST IN PERU?
1. Peru’s strong macroeconomic credentials
WHY INVEST IN PERU?
2. Strong framework for foreign investment
3. Trade integration policy – market access
4. Attractive sectors to Invest
STRONG
MACROECONOMIC
CREDENTIALS
Peruvian economy grew rapidly in the last decade
Real GDP, 2005-2018*
(%Variation)
Source: Central Reserve Bank of Peru (BCRP
Estimated figures of BCRP (Inflation report as of December 2017)
STRONG MACROECONOMIC CREDENTIALS
GDP, 2005-2018*
(US$ Billion)
6.3
7.5
8.5
9.1
1.0
8.5
6.5
6.0 5.8
2.4
3.3
3.9
3.5
4.1
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017*
2018*
75
88
102
122 121
148
169
189
198 203
192 195
207
219
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017*
2018*
Source: International Monetary Fund (IMF)
Estimated figures of IMF (World Economic Outlook Database – October 2017)
Last December the economy grew 3.3% and in 2016 GDP grew 3.9%, figure
above expectations
GDP 2016 of LA6*
(%Variation)
Source: IINEI, LatinFocus February 2017, Reuters, Ministry of Economy and Finance.
* LA6 refers to the 6 countries in Latin America that have adopted explicit target inflation and have capital markets more development.
0
1
2
3
4
5
6
7
Ene-14 Jun-14 Nov-14 Abr-15 Set-15 Feb-16 Jul-16 Dic-16Jan-14 Jun-14 Nov-14 Apr-15 Set-15 Feb-16 Jul-16 Dec-16
Peru GDP
(annual real%, 12-month moving average)
3.9
2.4
1.6 1.7
1.0
-3.4
Peru México Colombia Chile Uruguay Brazil
STRONG MACROECONOMIC CREDENTIALS
Peru continues leading regional growth
Source: CEPAL
Real GDP – Forecasts for Latin America 2017
(Annual Average Variation %)
Average GDP - 2000 - 2016
(Average change in constant prices in dollars)
2.4 2.5 2.5
3.8
4.0
5.1
Argentina Mexico Brazil Chile Colombia Peru
Source: Latin America Consensus Forecast (March 2017) and BCRP for Peru
-3.8
0.5
1.4
1.8
2.4
3.0
3.5
Venezuela
Brazil
Mexico
Chile
Colombia
Argentina
Peru
STRONG MACROECONOMIC CREDENTIALS
The private investment that boosted the economic growth begin its recovery …
Private Investment 2005-2018*
(Variation %)
Private Investment 2005-2016
(US$ Billion)
Source: BCRP
* BCRP Estimated figures (Inflation report as March 2017)
STRONG MACROECONOMIC CREDENTIALS
12.0
20.1
23.3 23.9
-9.1
25.5
10.8
15.5
6.9
-2.3
-4.4
-6.1
2.5
5.3
10.3
13.5
17.9
22.0 22.2
28.5
33.2
40.4 40.6
38.9
34.7 34.8
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
… private investment accounts for almost 20% of GDP …
Private Investment 2006-2018*
(% of GDP)
Total investment – LATAM 2017
(% of GDP)
Source: IMF.
*Estimated figures as from IMF ( World Economic Outlook Database – April 2017)
Source: BCRP-
* Estimated figures of BCRP (Inflation report as of March 2017)
STRONG MACROECONOMIC CREDENTIALS
13.2
14.8
16.8
19.0
17.1
19.8 20.6
22.5 22.7 21.7
20.1
18.1 18.0 18.1
3.0
3.3
3.5
4.2
5.5
5.7 4.8
5.4 5.7
5.4
4.8
4.6 4.9 5.0
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017*
2018*
Private investment Public investment
25.5
22.5 21.8 21.3
17.9
Colombia Mexico Peru Chile Brazil
Investment announcements
Announcement of Private Investment projects 2017 - 2018
(US$ million )
Source: BCRP Inflation report, March 2017)
Sectors Total Investment
Mining 5,480
Hydrocarbons 2,028
Electricity 1,687
Industry 1,350
Infrastructure 2,858
Other Sectors 4,610
Total 18,013
STRONG MACROECONOMIC CREDENTIALS
8.4%
4.1%
3.6% 3.6%
3.3%
2.6%
Chile Colombia Perú Brasil LAC MéxicoChile Colombia Peru Brazil LAC Mexico
… Peru is an attractive market for foreign investment, which
recorded $ 7 billion in 2016
Foreign direct investment flow 2005 – 2018*
(US$ Billion)
Foreign direct investment – LATAM 2015
(% GDP)
Source: CepalSource: BCRP..
* Estimated figures BCRP ( inflation report , March 2017)
2.6
3.5
5.5
6.9
6.4
8.5
7.3
11.8
9.8
4.4
8.3
6.9
5.2
5.7
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017*
2018*
STRONG MACROECONOMIC CREDENTIALS
571.5
1,485.7
2006 2016
Furthermore, the domestic demand is strengthening …
Real domestic demand 2005–2018*
(real annual Var. % )
Imports of vehicles
for private use
(US$ million)
4.5
Times
Imports of domestic assets
/1 (US$ million)
2.6
Times
Source: SUNAT
1/ Includes imports of machines and appliance. Furniture and other house equipment's
Source: Central Reserve Bank of Peru.
*Estimated figures BCRP (Inflation report, March 2017)
4.2
11.4
12.1
13.6
-3.3
14.9
7.7 7.2 7.2
2.2
3.1
0.9
3.3 3.7
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017*
2018*
410.9
1,845.5
2006 2016
STRONG MACROECONOMIC CREDENTIALS
This is complemented by a dynamic commercial trade…
Balance of Trade 2005-2018*
(US$ million)
Source: BCRP
* Estimated figures BCRP ( Inflation report, March 2017)
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018*
Exports 17,368 23,830 28,094 31,019 27,071 35,803 46,376 47,411 42,861 39,533 34,236 36,838 41,807 43,930
Imports 12,082 14,844 19,591 28,449 21,011 28,815 37,152 41,018 42,356 41,042 37,385 35,107 37,846 39,662
Trade Balance 5,286 8,986 8,503 2,569 6,060 6,988 9,224 6,393 504 -1,509 -3,150 1,730 3,961 4,268
-10,000
0
10,000
20,000
30,000
40,000
50,000
STRONG MACROECONOMIC CREDENTIALS
... all this, in a frame of macroeconomic stability, Peru records the lowest
inflation rate at a regional level….
Source: IMF (World Economic outlook Database – April 2017) in Peru case , BCRP (inflation report , March 2017)
*Estimated figures
CPI – Latin America 2006- 2016*
(Annual Average Variation %)
CPI – Latin America 2017*
(Annual Average Variation %)
3.1
3.7
3.9
4.3
6.0
Peru Chile Mexico Colombia Brazil
2.4
2.8
4.4 4.5
4.8
Peru Chile Brazil Colombia Mexico
STRONG MACROECONOMIC CREDENTIALS
… has maintained stable exchange rates and a level of risk under the regional
average
Exchange Rate in Latin America 2004-2016 (*)
(Index, Base year 2005 = 100)
JP Morgan EMBIG **
(Basic points)
Source: CEPAL
(*) As of August 2016
Source: BCRP
(**) As of February 2017
60.00
70.00
80.00
90.00
100.00
110.00
120.00
130.00
140.00
150.00 Peru
Brazil
Chile
Colombia
Mexico
50
150
250
350
450
550
650
750
850
950
J-07
A-07
A-07
d-07
A-08
A-08
d-08
M-09
J-09
N-09
M-10
J-10
O-10
F-11
J-11
S-11
J-12
M-12
A-12
d-12
A-13
A-13
d-13
A-14
J-14
N-14
M-15
J-15
O-15
F-16
J-16
O-16
F-17
Spread - Peru
(pbs)
STRONG MACROECONOMIC CREDENTIALS
Peru maintains a healthy level of debt…
Public Debt– Peru 2005-2018*
(% of GDP)
Public Debt– Latin America 2017*
(% of GDP)
Source: IMF ( World Economic Outlook Database – April 2017) in the case of Peru , BCRP (inflation
report , March 2017)
Source: BCRP.
*Estimated figures, BCRP (Inflation report March 2017)
41.7
33.9
29.9
26.9 27.2
24.4
22.3
20.8 20.0 20.0
23.3 23.8 24.5 25.4
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017*
2018*
STRONG MACROECONOMIC CREDENTIALS
24.5 24.8
45.7
57.2
81.2
Peru Chile Colombia Mexico Brazil
… and has accumulated international reserves for a third of the GDP
Net International Reserves 2007 – 2018*
( US$ Billion)
Source: Central Reserve Bank of Peru, March 2017
*projections
NIR Adequacy Indicators
2006 2011 2016*
NIR (% del GDP) 19.6 28.6 31.5
NIR (% short -term foreign debt) 166 471 505
RIN (% Short-term Foreign Debt plus
Current Account deficit)
230 360 349
27.7
31.2
33.1
44.1
48.8
64.0 65.7
62.3 61.5 61.7 63.0 64.7
STRONG MACROECONOMIC CREDENTIALS
Source: Standard & Poor`s, Fitch Ratings and Moody´s.
Updated as of February, 2017
Peru earned the investment grade and investor´s confidence by
practicing a responsible political economy
Investment grade
Latin America benchmarking
Countries Moody's S&P Fitch
Chile Aa3 AA- A+
Peru A3 BBB+ BBB+
Mexico A3 BBB+ BBB+
Colombia Baa2 BBB BBB
Uruguay Baa2 BBB BBB-
Paraguay Ba1 BB BB
Brazil Ba2 BB BB
Bolivia Ba3 BB BB-
Ecuador B3 B B
Argentina B3 B- B
Venezuela Caa3 CCC CCC
STRONG MACROECONOMIC CREDENTIALS
STRONG FRAMEWORK
FOR FOREIGN
INVESTMENT
 Non discriminatory treatment: Foreign investors receive the same treatment as local
investors.
 Unrestrictive access.
 Free movement of capital.
 Anti-trust framework and promotion of competition.
 Guarantees to Private Property.
 No restrictions to acquire equity from locals.
 Freedom to access internal and external credit.
 Access to international disputes settlement mechanism
 Peru participates in the Investment Committee of the Organization for Economic Co-
operation and Development (OECD) – It promotes the implementation of the
Guidelines for Multinational Enterprises.
STRONG FRAMEWORK FOR FOREIGN
INVESTMENT
INVESTORS
 Stability of regulations regarding non
discriminatory treatment.
 Stability of income tax regime applicable to
dividends.
 Stability to use freely the most favorable
exchange rate available in the market.
 Stability of the free availability and
remittance of foreign currency, dividends
and royalties regime.
Requirement: Minimum investment of US$ 5 million in any economic sectors. US$ 10 million for hydrocarbon and mining sectors.
Validity: 10 years. Concessions: Term according to the contracts life (Max. 60 years).
RECEIVING COMPANY
 Stability of the recruitment regimes.
 Stability of the regimes for the promotion
of exports.
 Stability of the Income Tax Regime
Special Regimes: Legal Stability Agreements
Regime whereby the Peruvian Government guarantees:
STRONG FRAMEWORK FOR FOREIGN
INVESTMENT
 Granting the return of the Value Added Tax during the pre-productive stage of the
project (minimum 2-year term).
 Applicable to all economic sectors
 For agricultural activity it is not necessary to meet a minimum investment amount. For
other activities the minimum investment amount is US$ 5 million.
 The project can be divided into stages, phases or similar.
Special Regime: VAT Anticipated Recovery.
Regime whereby the Peruvian Government grants the following benefits:
STRONG FRAMEWORK FOR FOREIGN
INVESTMENT
A steady tax regime:
Tax Applicable Rate
INCOME
Corporate profits
29.5%
Agriculture and agribusiness 15%
Dividends 5.0%
Royalties 30.0%
Interest rate on loans from abroad 4.9%
Value Added Tax (VAT) 18.0%
Financial Transactions Tax 0.005%
Temporary to net assets, applicable to the
excess of S/. 1 000 000
0.4%
STRONG FRAMEWORK FOR FOREIGN
INVESTMENT
in the regional ranking
of ease of doing
business in Latin America
.
Continuous effort to facilitate the establishment and operation of business
Position Country
1 Mexico
2 Colombia
3 Peru
4 Chile
5 Panama
92
Paraguay
3rd
Source: World Bank Doing Business 2017
123
149
90
116
158
124
53
114
57
54
187
Argentina
Uruguay
Bolivia
Brasil
Surinam
Guyana
Venezuela
Colombia
Perú
Chile
Ecuador
STRONG FRAMEWORK FOR FOREIGN
INVESTMENT
 Peru has signed and currently has in force Agreements for the Promotion and Reciprocal Protection of Investment
and Trade Agreements of further scope that includes investment chapters that underpin our liberalization policy.
 Australia
 China 1
 Korea 1
 Malaysia
 Singapore 1
 Thailand
 Japan
 Brunei
 New Zealand
 Vietnam  Argentina
 Bolivia
 Chile 1
 Colombia
 Ecuador
 Paraguay
 Venezuela
 Cuba
 El Salvador
 Costa Rica 1
 Panama 1
 European Union 2
 European Association of
free Trade (Iceland,
Liechtenstein, Switzerland
and Norway)1
 Canada 1
 United States1
 Mexico 1
(1) Trade agreements
(2) Trade Agreement. Besides , Peru has Investment bilateral agreements with Germany, Belgium, Luxemburg, Denmark, Spain, Finland, France,
Holland, Italy, Portugal, United Kingdom, Check Republic, Sweden and Switzerland.
Investment Agreements
 It has also signed 8 agreements to avoid double taxation with Andean Community, Brazil, Chile, Canada, Korea,
Mexico, Portugal and Switzerland.
STRONG FRAMEWORK FOR FOREIGN
INVESTMENT
TRADE INTEGRATION
POLICY - MARKET ACCESS
3.7
16.3
2.2
12.3
1.1
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
Dispersión Arancelaria (Desv.Estandar)
Arancel Promedio Nominal
Arancel Efectivo
Tariff dispersion
Average Nominal tariff
Effective tariff
OPEN TRADE AND MARKET ACCESS POLICY
An open trade policy sustained over time
Evolution of nominal and effective tariff; and tariff dispersion 1993 – 2016 (*)
(*) AS of September 2016
Source:MEF
Notes:
1) Affective Tariff= (Amount of total revenue Ad valoren CIF / Total Amount of CIF Imports)*100.
2)Tariff Dispersion= Standard Deviation
Reduced tariff structure with low tariff dispersion
Source: SUNAT – MEF
LEVELS OF
AD VALOREM
TARIFF LINES 2/
NUMBER PROPORTION (%)
0 4,224 55.9%
6% 2,538 33.6%
11% 792 10.5%
Total 7,554 100 %
EFFECTIVE AVERAGE TARIFF % 3.2
EFFECTIVE TARIFF % 1.1
STANDARD DEVIATION % 3.8
OPEN TRADE AND MARKET ACCESS POLICY
Working to become a globalized economy,
with preferential access to the world’s largest markets
These countries stand for enlarged
market of over 4 billion people with a
joint GDP over US$ 56 trillion
96% of Peruvian exports
OPEN TRADE AND MARKET ACCESS POLICY
INVESTMENT
OPPORTUNITIESIN
ATTRACTIVESECTORS
AGRIBUSINESS SECTOR
Natural greenhouse.
High agricultural yields: Sugarcane (2nd),
Asparagus, Olives (3rd), Artichokes (4th), Grapes
(6th) and Avocado (11th).
Seasonal windows in major markets.
The 100,000 ha of land currently devoted to
agricultural exports are expected to double as a
result of large agricultural irrigation and expansion
existing projects.
More than US$ 5.000 billion in exports of fresh
and processed products to more than 150
countries.
Organic and Natural Products with high export
potential.
Agricultural Exports
(FOB USD million)
Agricultural exports according to target
market - 2016
Fuente:,ADEX Data Trade., BCRP.
AGRIBUSINESS SECTOR
UNITED STATES
32%
NETHERLAND
13%
SPAIN
6%
GERMANY
5%
UNITED KINGDOM
5%
ECUADOR
4%
COLOMBIA
3%
BELGIUM
3%
CANADA
3%
CHILE
3%
OTHERS
23%
1,757
1,971
2,555 2,425
3,177
4,519
4,177 4,231
5,096 5,050
5,581
0
1,000
2,000
3,000
4,000
5,000
6,000
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
TRADITIONAL
NON TRADITIONAL
TOTAL
MANUFACTURING INDUSTRY
 In the last 10 years (2007- 2016) the sector has
experimented an annual average growth of
3.1%, reaching peaks of 10.6 and 10.8% in 2017
and 2010, respectively.
 However, during January – December 2016
grew 1.63% due mainly the international
situation, the lower investment in mining projects
and the downturn in fisheries and construction.
 In 2017, the sector foreseen to grow 2.2 % and
the next year 3.8% due to the internal market
dynamics at the beginning of several works of
the large projects of infrastructure granted in
concession in recent years and the infrastructure
reconstruction affected by the climatological
recent events.
20%
19%
14%
11%
10%
9%
8%
6%
3%
foodandbeverage
Nonmetalicminerals,preciousmetalsandnon
ferrous
Metalmecanic
Wood,paper,printingsandfurniture
Textiles,clothes,leatherandshoes
oilrefinedandderivatives
chemicalandpharmaceutical
othermanufactureindustries
fisheries
Source: INEI
The sector
represents 16.52%
of GDP
Structure of the gross value added at constant
prices 2015
MANUFACTURING INDUSTRY
MINING SECTOR
 Polymetallic country
 36.97% of Peruvian territory does not have
restrictions for mining activities and only
1.28% of the land is taken for mining
exploration and exploitation.
 Peru is one of the few countries in the world
with non-metallic mineral deposits, including
diatomite, bentonite, limestone and
phosphate.
 In the world: 2°producer of copper and zinc,
3° silver and molybdenum, 4° mercury and
molybdenum, 5° diatomaceous earth and
zinc; and 6°gold. In Latin America: 1° producer
of gold, zinc and lead; and 2nd of copper,
silver, mercury, diatomaceous earth,
phosphate rock and molybdenum.
 In 2016, investment in mining reached a value
of US$ 4251 million.
8,504
9,924
8,873
7,525
1,644
0
2,000
4,000
6,000
8,000
10,000
12,000
2012 2013 2014 2015 2016**
Exports structures 2016
*Accumulated investments January to May 2016
Source: Adex Data Trade, Ministry of Energy and Mines
. Statistic report of Mining. May 2016
Mining investments *
(US$ Million)
COPPER
47%
GOLD
31%
ZINC
7%
LEAD
5%
NON METALIC
MINING
3%
OTHERS
7%
MINING SECTOR
ENERGY SECTOR
 Great energy potential: The wide availability of
water resources and natural gas has enabled to
meet the growing electricity demand in the
country.
 In 2015, the national electrification coefficient was
93.3% and the rural electrification was 78%
 Resources to be discovered and exploited: There
are other renewable energy sources to be
explored such as solar, wind, biomass and
geothermal sources.
 Energy production has grown 206% since 1995. In
2016, the generation in the National
Interconnected System was, 47.6% of hydraulic,
46.5% thermal, 3% renewable non conventional
and 2,9% coal and diesel.
/P: Preliminary
Source: MINEM. EVOLUTION OF THE ENERGY SECTOR INDICATORS 1995 - 2015
4,462
12,252
4,075
11,296
2,052
6,275
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
1995 1999 2003 2007 2011 2015/P
Energy indicators (MW)
POTENCIA INSTALADA POTENCIA EFECTIVA MÁXIMA DEMANDA DEL SEININSTALLED POWER EFFECTIVE POWER MAXIMUM DEMAND FROM THE SEIN
ENERGY SECTOR
HYDROCARBONS SECTOR
The hydrocarbons sector growth begins between
2004 -2005 once the major natural gas reserve,
located near to Camisea rivers, start its production
activities (Camisea project).
Peru is the most important sustainable source
of natural gas in the South American Pacific.
As to 12.31.2015 the proven reserves of natural
gas reaches to 14,09 TCF, and the prospective
resources of natural gas to 60,24 TCF.
For 2025 the estimated demand of natural gas is
between 1900 MCF and 2400 MCF, this comprises
the final consumption, petrochemical and
electricity generation.
Peru has oil fields that have not been explored
(29.97 million ha), making it a potential
petrochemical hub.
Source: MINEM. Reserves books of 2015
14.09
3.82
1.97
6.25
60.25
Probadas Probables Posibles Contingentes ProspectivosProven Probable Possible Contingent Prospects
Natural gas reserves and resouces
HYDROCARBONS SECTOR
 Important cultural destination for archaeological
sites of the Inca and pre-Inca cultures.
 Diversity of natural settings. Destination for bird and
orchid watchers.
 Important investment by internationally renowned
hotel chains.
 The conventions and gastronomic tourism has gained
a significant boost, Lima is considered as one of the
main venues for this international venues and the
gastronomic capital of Latin America.
 Increased connectivity of the Peruvian air market
with increased weekly frequencies in international
flights to allow more connections and destinations,
with more and better travel options.
 Investment Opportunities in the 8 priority
destinations:
Northern Beaches, Amazon River, Amazonas,
Kuelap, Moche Route, Lima, Nazca, Paracas,
Colca Valley and Puno-Lake Titicaca.
TOURISM SECTOR
Source: MINCETUR
(*)Estimated
** As of December 2016 of the main 70 countries
TOURISM SECTOR
South America
55.7%North America
20.1%
Europe
16.6%
Asia
4.2%
Central
America
2.0%
Oceania
1.4%
Africa
0.1%
Tourist arrival per region
of origin **
1.7
1.9
2.1 2.1
2.3
2.6
2.9
3.2 3.2
3.5
3.8
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016*
Tourist arrivals
(Millions of persons)
 The average GDP growth in the construction in
the past 5 years was 3.3%.
 The slowdown in the economy reduced the
demand in properties that were registered until
2013.
 Nevertheless in the past year the largest
investment of the sector were directed to the
construction of shopping centers projects.
 In order to facilitate the access to a property –
nationwide – the Ministry of Housing and
Construction has implemented the following
Programs and Products:
• Fondo Mi Vivienda: mortgage credit
• Techo propio: Direct subsidy
REAL ESTATE
*Comprises credits in Soles and Dollars
Source: ASOCEM – Association of ´cement producers, Superintendence of
Banks and Secures (SBS)
Mortgage credit balance of the financial system
(S/. Million)*
12,021
13,144
16,011
19,952
24,461
29,665
34,205
38,328
39,991
2008 2009 2010 2011 2012 2013 2014 2015 2016
Production and consumption of Cement
(million of Tons)
REAL ESTATE
5.8
6.9
8.3
9.8
10.7
10.4 10.1
5.1
7.0
8.4
10.2
11.3
10.9 10.2
2006 2008 2010 2012 2014 2015 2016
Producción
Consumo
Production
Consumption
TRANSPORT INFRASTRUCTURE
 Peru has prioritized the development of
transport infrastructure (road, rail, port
and airport) to increase competitiveness
and set a Regional Hub that integrates
Latin America with the Asia - Pacific.
 In this perspective the investment
commitments in concessions of the
sector, in 31 projects are around US$
15.281 million, creating its
modernization.
 The sector will keep its expansion
towards 2021 through PPP projects and
public works prioritized by the MTC; with
additional investment commitments
around US$ 20.008 million.
INFRAESTRUCTURA DE TRANSITO
Puerto marítimo/Fluvial
Aeropuerto
CENTRO DE PRODUCCIÓN, DISTRIBUCIÓN Y
CONSUMO
Centro de acopio
Principal centro de consumo
Principal centro de producción
Centro de distribución / almacenaje
*Ositran – recongnized investments in the concession contracts –
(January 2017)
New Investments in Transport Infrastructure
Programmed for the Ministry of Transport and
Communication for 2016-2021 (1)
(1)source: MTC presentation of the Minister of Transport and Communication in CADE 2016. (2) included projects in Public works and PPPs. (3) includes news investment in port
terminals: Ilo, Salaverry, Chimbote, Saramiriza and Pucallpa (4) includes the third group of Airports Cajamarca, Huánuco and Junín, and the investment of AIJCH and AICC. (5)
included Amazon waterways and the Ferry services in the Amazon. (6) the estimated investment only includes Line 3 of Metro of Lima. (7) Program of Subnational transport
assistance. (8) Traffic management, fleet management, road emergencies, offense process and toll systems.
Strategic objectives (2)
Road, ports, waterways, airports and rail infrastructure
Investment amount
(US$ million)
Asphalt of the National Road Network – 6084 km
Construction of 1000 bridges (700 vehicular traffic, 300 pedestrians walkway)
Double highway Panamerica Tumbes – Tacna 1,807 km
12,613
Upgrading and operation of Port terminals (3)
Upgrading of airports (4)
Multimodal integration system with logistic vision (5)
3,752
Strengthening and development of the Mass transport system (6)
Metro of Lima – Line 3 and commuter train (Lima – Huancayo and Lima – Chincha)
6,051
Asphalt of 5,000 Km of highways. Program “PROREGION”
Asphalt of 2,200 km of neighborhood roads, Program “PATS” (7)
1,362
Implementation of Transport Intelligent system (230) (8) 230
US$ Total MM 24,008
www.proinversion.gob.pe
contact@proinversion.gob.pe

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Why Invest in Peru : 2018

  • 2. 1. Peru’s strong macroeconomic credentials WHY INVEST IN PERU? 2. Strong framework for foreign investment 3. Trade integration policy – market access 4. Attractive sectors to Invest
  • 4. Peruvian economy grew rapidly in the last decade Real GDP, 2005-2018* (%Variation) Source: Central Reserve Bank of Peru (BCRP Estimated figures of BCRP (Inflation report as of December 2017) STRONG MACROECONOMIC CREDENTIALS GDP, 2005-2018* (US$ Billion) 6.3 7.5 8.5 9.1 1.0 8.5 6.5 6.0 5.8 2.4 3.3 3.9 3.5 4.1 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018* 75 88 102 122 121 148 169 189 198 203 192 195 207 219 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018* Source: International Monetary Fund (IMF) Estimated figures of IMF (World Economic Outlook Database – October 2017)
  • 5. Last December the economy grew 3.3% and in 2016 GDP grew 3.9%, figure above expectations GDP 2016 of LA6* (%Variation) Source: IINEI, LatinFocus February 2017, Reuters, Ministry of Economy and Finance. * LA6 refers to the 6 countries in Latin America that have adopted explicit target inflation and have capital markets more development. 0 1 2 3 4 5 6 7 Ene-14 Jun-14 Nov-14 Abr-15 Set-15 Feb-16 Jul-16 Dic-16Jan-14 Jun-14 Nov-14 Apr-15 Set-15 Feb-16 Jul-16 Dec-16 Peru GDP (annual real%, 12-month moving average) 3.9 2.4 1.6 1.7 1.0 -3.4 Peru México Colombia Chile Uruguay Brazil STRONG MACROECONOMIC CREDENTIALS
  • 6. Peru continues leading regional growth Source: CEPAL Real GDP – Forecasts for Latin America 2017 (Annual Average Variation %) Average GDP - 2000 - 2016 (Average change in constant prices in dollars) 2.4 2.5 2.5 3.8 4.0 5.1 Argentina Mexico Brazil Chile Colombia Peru Source: Latin America Consensus Forecast (March 2017) and BCRP for Peru -3.8 0.5 1.4 1.8 2.4 3.0 3.5 Venezuela Brazil Mexico Chile Colombia Argentina Peru STRONG MACROECONOMIC CREDENTIALS
  • 7. The private investment that boosted the economic growth begin its recovery … Private Investment 2005-2018* (Variation %) Private Investment 2005-2016 (US$ Billion) Source: BCRP * BCRP Estimated figures (Inflation report as March 2017) STRONG MACROECONOMIC CREDENTIALS 12.0 20.1 23.3 23.9 -9.1 25.5 10.8 15.5 6.9 -2.3 -4.4 -6.1 2.5 5.3 10.3 13.5 17.9 22.0 22.2 28.5 33.2 40.4 40.6 38.9 34.7 34.8 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
  • 8. … private investment accounts for almost 20% of GDP … Private Investment 2006-2018* (% of GDP) Total investment – LATAM 2017 (% of GDP) Source: IMF. *Estimated figures as from IMF ( World Economic Outlook Database – April 2017) Source: BCRP- * Estimated figures of BCRP (Inflation report as of March 2017) STRONG MACROECONOMIC CREDENTIALS 13.2 14.8 16.8 19.0 17.1 19.8 20.6 22.5 22.7 21.7 20.1 18.1 18.0 18.1 3.0 3.3 3.5 4.2 5.5 5.7 4.8 5.4 5.7 5.4 4.8 4.6 4.9 5.0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018* Private investment Public investment 25.5 22.5 21.8 21.3 17.9 Colombia Mexico Peru Chile Brazil
  • 9. Investment announcements Announcement of Private Investment projects 2017 - 2018 (US$ million ) Source: BCRP Inflation report, March 2017) Sectors Total Investment Mining 5,480 Hydrocarbons 2,028 Electricity 1,687 Industry 1,350 Infrastructure 2,858 Other Sectors 4,610 Total 18,013 STRONG MACROECONOMIC CREDENTIALS
  • 10. 8.4% 4.1% 3.6% 3.6% 3.3% 2.6% Chile Colombia Perú Brasil LAC MéxicoChile Colombia Peru Brazil LAC Mexico … Peru is an attractive market for foreign investment, which recorded $ 7 billion in 2016 Foreign direct investment flow 2005 – 2018* (US$ Billion) Foreign direct investment – LATAM 2015 (% GDP) Source: CepalSource: BCRP.. * Estimated figures BCRP ( inflation report , March 2017) 2.6 3.5 5.5 6.9 6.4 8.5 7.3 11.8 9.8 4.4 8.3 6.9 5.2 5.7 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018* STRONG MACROECONOMIC CREDENTIALS
  • 11. 571.5 1,485.7 2006 2016 Furthermore, the domestic demand is strengthening … Real domestic demand 2005–2018* (real annual Var. % ) Imports of vehicles for private use (US$ million) 4.5 Times Imports of domestic assets /1 (US$ million) 2.6 Times Source: SUNAT 1/ Includes imports of machines and appliance. Furniture and other house equipment's Source: Central Reserve Bank of Peru. *Estimated figures BCRP (Inflation report, March 2017) 4.2 11.4 12.1 13.6 -3.3 14.9 7.7 7.2 7.2 2.2 3.1 0.9 3.3 3.7 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018* 410.9 1,845.5 2006 2016 STRONG MACROECONOMIC CREDENTIALS
  • 12. This is complemented by a dynamic commercial trade… Balance of Trade 2005-2018* (US$ million) Source: BCRP * Estimated figures BCRP ( Inflation report, March 2017) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018* Exports 17,368 23,830 28,094 31,019 27,071 35,803 46,376 47,411 42,861 39,533 34,236 36,838 41,807 43,930 Imports 12,082 14,844 19,591 28,449 21,011 28,815 37,152 41,018 42,356 41,042 37,385 35,107 37,846 39,662 Trade Balance 5,286 8,986 8,503 2,569 6,060 6,988 9,224 6,393 504 -1,509 -3,150 1,730 3,961 4,268 -10,000 0 10,000 20,000 30,000 40,000 50,000 STRONG MACROECONOMIC CREDENTIALS
  • 13. ... all this, in a frame of macroeconomic stability, Peru records the lowest inflation rate at a regional level…. Source: IMF (World Economic outlook Database – April 2017) in Peru case , BCRP (inflation report , March 2017) *Estimated figures CPI – Latin America 2006- 2016* (Annual Average Variation %) CPI – Latin America 2017* (Annual Average Variation %) 3.1 3.7 3.9 4.3 6.0 Peru Chile Mexico Colombia Brazil 2.4 2.8 4.4 4.5 4.8 Peru Chile Brazil Colombia Mexico STRONG MACROECONOMIC CREDENTIALS
  • 14. … has maintained stable exchange rates and a level of risk under the regional average Exchange Rate in Latin America 2004-2016 (*) (Index, Base year 2005 = 100) JP Morgan EMBIG ** (Basic points) Source: CEPAL (*) As of August 2016 Source: BCRP (**) As of February 2017 60.00 70.00 80.00 90.00 100.00 110.00 120.00 130.00 140.00 150.00 Peru Brazil Chile Colombia Mexico 50 150 250 350 450 550 650 750 850 950 J-07 A-07 A-07 d-07 A-08 A-08 d-08 M-09 J-09 N-09 M-10 J-10 O-10 F-11 J-11 S-11 J-12 M-12 A-12 d-12 A-13 A-13 d-13 A-14 J-14 N-14 M-15 J-15 O-15 F-16 J-16 O-16 F-17 Spread - Peru (pbs) STRONG MACROECONOMIC CREDENTIALS
  • 15. Peru maintains a healthy level of debt… Public Debt– Peru 2005-2018* (% of GDP) Public Debt– Latin America 2017* (% of GDP) Source: IMF ( World Economic Outlook Database – April 2017) in the case of Peru , BCRP (inflation report , March 2017) Source: BCRP. *Estimated figures, BCRP (Inflation report March 2017) 41.7 33.9 29.9 26.9 27.2 24.4 22.3 20.8 20.0 20.0 23.3 23.8 24.5 25.4 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017* 2018* STRONG MACROECONOMIC CREDENTIALS 24.5 24.8 45.7 57.2 81.2 Peru Chile Colombia Mexico Brazil
  • 16. … and has accumulated international reserves for a third of the GDP Net International Reserves 2007 – 2018* ( US$ Billion) Source: Central Reserve Bank of Peru, March 2017 *projections NIR Adequacy Indicators 2006 2011 2016* NIR (% del GDP) 19.6 28.6 31.5 NIR (% short -term foreign debt) 166 471 505 RIN (% Short-term Foreign Debt plus Current Account deficit) 230 360 349 27.7 31.2 33.1 44.1 48.8 64.0 65.7 62.3 61.5 61.7 63.0 64.7 STRONG MACROECONOMIC CREDENTIALS
  • 17. Source: Standard & Poor`s, Fitch Ratings and Moody´s. Updated as of February, 2017 Peru earned the investment grade and investor´s confidence by practicing a responsible political economy Investment grade Latin America benchmarking Countries Moody's S&P Fitch Chile Aa3 AA- A+ Peru A3 BBB+ BBB+ Mexico A3 BBB+ BBB+ Colombia Baa2 BBB BBB Uruguay Baa2 BBB BBB- Paraguay Ba1 BB BB Brazil Ba2 BB BB Bolivia Ba3 BB BB- Ecuador B3 B B Argentina B3 B- B Venezuela Caa3 CCC CCC STRONG MACROECONOMIC CREDENTIALS
  • 19.  Non discriminatory treatment: Foreign investors receive the same treatment as local investors.  Unrestrictive access.  Free movement of capital.  Anti-trust framework and promotion of competition.  Guarantees to Private Property.  No restrictions to acquire equity from locals.  Freedom to access internal and external credit.  Access to international disputes settlement mechanism  Peru participates in the Investment Committee of the Organization for Economic Co- operation and Development (OECD) – It promotes the implementation of the Guidelines for Multinational Enterprises. STRONG FRAMEWORK FOR FOREIGN INVESTMENT
  • 20. INVESTORS  Stability of regulations regarding non discriminatory treatment.  Stability of income tax regime applicable to dividends.  Stability to use freely the most favorable exchange rate available in the market.  Stability of the free availability and remittance of foreign currency, dividends and royalties regime. Requirement: Minimum investment of US$ 5 million in any economic sectors. US$ 10 million for hydrocarbon and mining sectors. Validity: 10 years. Concessions: Term according to the contracts life (Max. 60 years). RECEIVING COMPANY  Stability of the recruitment regimes.  Stability of the regimes for the promotion of exports.  Stability of the Income Tax Regime Special Regimes: Legal Stability Agreements Regime whereby the Peruvian Government guarantees: STRONG FRAMEWORK FOR FOREIGN INVESTMENT
  • 21.  Granting the return of the Value Added Tax during the pre-productive stage of the project (minimum 2-year term).  Applicable to all economic sectors  For agricultural activity it is not necessary to meet a minimum investment amount. For other activities the minimum investment amount is US$ 5 million.  The project can be divided into stages, phases or similar. Special Regime: VAT Anticipated Recovery. Regime whereby the Peruvian Government grants the following benefits: STRONG FRAMEWORK FOR FOREIGN INVESTMENT
  • 22. A steady tax regime: Tax Applicable Rate INCOME Corporate profits 29.5% Agriculture and agribusiness 15% Dividends 5.0% Royalties 30.0% Interest rate on loans from abroad 4.9% Value Added Tax (VAT) 18.0% Financial Transactions Tax 0.005% Temporary to net assets, applicable to the excess of S/. 1 000 000 0.4% STRONG FRAMEWORK FOR FOREIGN INVESTMENT
  • 23. in the regional ranking of ease of doing business in Latin America . Continuous effort to facilitate the establishment and operation of business Position Country 1 Mexico 2 Colombia 3 Peru 4 Chile 5 Panama 92 Paraguay 3rd Source: World Bank Doing Business 2017 123 149 90 116 158 124 53 114 57 54 187 Argentina Uruguay Bolivia Brasil Surinam Guyana Venezuela Colombia Perú Chile Ecuador STRONG FRAMEWORK FOR FOREIGN INVESTMENT
  • 24.  Peru has signed and currently has in force Agreements for the Promotion and Reciprocal Protection of Investment and Trade Agreements of further scope that includes investment chapters that underpin our liberalization policy.  Australia  China 1  Korea 1  Malaysia  Singapore 1  Thailand  Japan  Brunei  New Zealand  Vietnam  Argentina  Bolivia  Chile 1  Colombia  Ecuador  Paraguay  Venezuela  Cuba  El Salvador  Costa Rica 1  Panama 1  European Union 2  European Association of free Trade (Iceland, Liechtenstein, Switzerland and Norway)1  Canada 1  United States1  Mexico 1 (1) Trade agreements (2) Trade Agreement. Besides , Peru has Investment bilateral agreements with Germany, Belgium, Luxemburg, Denmark, Spain, Finland, France, Holland, Italy, Portugal, United Kingdom, Check Republic, Sweden and Switzerland. Investment Agreements  It has also signed 8 agreements to avoid double taxation with Andean Community, Brazil, Chile, Canada, Korea, Mexico, Portugal and Switzerland. STRONG FRAMEWORK FOR FOREIGN INVESTMENT
  • 25. TRADE INTEGRATION POLICY - MARKET ACCESS
  • 26. 3.7 16.3 2.2 12.3 1.1 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 Dispersión Arancelaria (Desv.Estandar) Arancel Promedio Nominal Arancel Efectivo Tariff dispersion Average Nominal tariff Effective tariff OPEN TRADE AND MARKET ACCESS POLICY An open trade policy sustained over time Evolution of nominal and effective tariff; and tariff dispersion 1993 – 2016 (*) (*) AS of September 2016 Source:MEF Notes: 1) Affective Tariff= (Amount of total revenue Ad valoren CIF / Total Amount of CIF Imports)*100. 2)Tariff Dispersion= Standard Deviation
  • 27. Reduced tariff structure with low tariff dispersion Source: SUNAT – MEF LEVELS OF AD VALOREM TARIFF LINES 2/ NUMBER PROPORTION (%) 0 4,224 55.9% 6% 2,538 33.6% 11% 792 10.5% Total 7,554 100 % EFFECTIVE AVERAGE TARIFF % 3.2 EFFECTIVE TARIFF % 1.1 STANDARD DEVIATION % 3.8 OPEN TRADE AND MARKET ACCESS POLICY
  • 28. Working to become a globalized economy, with preferential access to the world’s largest markets These countries stand for enlarged market of over 4 billion people with a joint GDP over US$ 56 trillion 96% of Peruvian exports OPEN TRADE AND MARKET ACCESS POLICY
  • 30. AGRIBUSINESS SECTOR Natural greenhouse. High agricultural yields: Sugarcane (2nd), Asparagus, Olives (3rd), Artichokes (4th), Grapes (6th) and Avocado (11th). Seasonal windows in major markets. The 100,000 ha of land currently devoted to agricultural exports are expected to double as a result of large agricultural irrigation and expansion existing projects. More than US$ 5.000 billion in exports of fresh and processed products to more than 150 countries. Organic and Natural Products with high export potential.
  • 31. Agricultural Exports (FOB USD million) Agricultural exports according to target market - 2016 Fuente:,ADEX Data Trade., BCRP. AGRIBUSINESS SECTOR UNITED STATES 32% NETHERLAND 13% SPAIN 6% GERMANY 5% UNITED KINGDOM 5% ECUADOR 4% COLOMBIA 3% BELGIUM 3% CANADA 3% CHILE 3% OTHERS 23% 1,757 1,971 2,555 2,425 3,177 4,519 4,177 4,231 5,096 5,050 5,581 0 1,000 2,000 3,000 4,000 5,000 6,000 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 TRADITIONAL NON TRADITIONAL TOTAL
  • 32. MANUFACTURING INDUSTRY  In the last 10 years (2007- 2016) the sector has experimented an annual average growth of 3.1%, reaching peaks of 10.6 and 10.8% in 2017 and 2010, respectively.  However, during January – December 2016 grew 1.63% due mainly the international situation, the lower investment in mining projects and the downturn in fisheries and construction.  In 2017, the sector foreseen to grow 2.2 % and the next year 3.8% due to the internal market dynamics at the beginning of several works of the large projects of infrastructure granted in concession in recent years and the infrastructure reconstruction affected by the climatological recent events.
  • 34. MINING SECTOR  Polymetallic country  36.97% of Peruvian territory does not have restrictions for mining activities and only 1.28% of the land is taken for mining exploration and exploitation.  Peru is one of the few countries in the world with non-metallic mineral deposits, including diatomite, bentonite, limestone and phosphate.  In the world: 2°producer of copper and zinc, 3° silver and molybdenum, 4° mercury and molybdenum, 5° diatomaceous earth and zinc; and 6°gold. In Latin America: 1° producer of gold, zinc and lead; and 2nd of copper, silver, mercury, diatomaceous earth, phosphate rock and molybdenum.  In 2016, investment in mining reached a value of US$ 4251 million.
  • 35. 8,504 9,924 8,873 7,525 1,644 0 2,000 4,000 6,000 8,000 10,000 12,000 2012 2013 2014 2015 2016** Exports structures 2016 *Accumulated investments January to May 2016 Source: Adex Data Trade, Ministry of Energy and Mines . Statistic report of Mining. May 2016 Mining investments * (US$ Million) COPPER 47% GOLD 31% ZINC 7% LEAD 5% NON METALIC MINING 3% OTHERS 7% MINING SECTOR
  • 36. ENERGY SECTOR  Great energy potential: The wide availability of water resources and natural gas has enabled to meet the growing electricity demand in the country.  In 2015, the national electrification coefficient was 93.3% and the rural electrification was 78%  Resources to be discovered and exploited: There are other renewable energy sources to be explored such as solar, wind, biomass and geothermal sources.  Energy production has grown 206% since 1995. In 2016, the generation in the National Interconnected System was, 47.6% of hydraulic, 46.5% thermal, 3% renewable non conventional and 2,9% coal and diesel.
  • 37. /P: Preliminary Source: MINEM. EVOLUTION OF THE ENERGY SECTOR INDICATORS 1995 - 2015 4,462 12,252 4,075 11,296 2,052 6,275 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 1995 1999 2003 2007 2011 2015/P Energy indicators (MW) POTENCIA INSTALADA POTENCIA EFECTIVA MÁXIMA DEMANDA DEL SEININSTALLED POWER EFFECTIVE POWER MAXIMUM DEMAND FROM THE SEIN ENERGY SECTOR
  • 38. HYDROCARBONS SECTOR The hydrocarbons sector growth begins between 2004 -2005 once the major natural gas reserve, located near to Camisea rivers, start its production activities (Camisea project). Peru is the most important sustainable source of natural gas in the South American Pacific. As to 12.31.2015 the proven reserves of natural gas reaches to 14,09 TCF, and the prospective resources of natural gas to 60,24 TCF. For 2025 the estimated demand of natural gas is between 1900 MCF and 2400 MCF, this comprises the final consumption, petrochemical and electricity generation. Peru has oil fields that have not been explored (29.97 million ha), making it a potential petrochemical hub.
  • 39. Source: MINEM. Reserves books of 2015 14.09 3.82 1.97 6.25 60.25 Probadas Probables Posibles Contingentes ProspectivosProven Probable Possible Contingent Prospects Natural gas reserves and resouces HYDROCARBONS SECTOR
  • 40.  Important cultural destination for archaeological sites of the Inca and pre-Inca cultures.  Diversity of natural settings. Destination for bird and orchid watchers.  Important investment by internationally renowned hotel chains.  The conventions and gastronomic tourism has gained a significant boost, Lima is considered as one of the main venues for this international venues and the gastronomic capital of Latin America.  Increased connectivity of the Peruvian air market with increased weekly frequencies in international flights to allow more connections and destinations, with more and better travel options.  Investment Opportunities in the 8 priority destinations: Northern Beaches, Amazon River, Amazonas, Kuelap, Moche Route, Lima, Nazca, Paracas, Colca Valley and Puno-Lake Titicaca. TOURISM SECTOR
  • 41. Source: MINCETUR (*)Estimated ** As of December 2016 of the main 70 countries TOURISM SECTOR South America 55.7%North America 20.1% Europe 16.6% Asia 4.2% Central America 2.0% Oceania 1.4% Africa 0.1% Tourist arrival per region of origin ** 1.7 1.9 2.1 2.1 2.3 2.6 2.9 3.2 3.2 3.5 3.8 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016* Tourist arrivals (Millions of persons)
  • 42.  The average GDP growth in the construction in the past 5 years was 3.3%.  The slowdown in the economy reduced the demand in properties that were registered until 2013.  Nevertheless in the past year the largest investment of the sector were directed to the construction of shopping centers projects.  In order to facilitate the access to a property – nationwide – the Ministry of Housing and Construction has implemented the following Programs and Products: • Fondo Mi Vivienda: mortgage credit • Techo propio: Direct subsidy REAL ESTATE
  • 43. *Comprises credits in Soles and Dollars Source: ASOCEM – Association of ´cement producers, Superintendence of Banks and Secures (SBS) Mortgage credit balance of the financial system (S/. Million)* 12,021 13,144 16,011 19,952 24,461 29,665 34,205 38,328 39,991 2008 2009 2010 2011 2012 2013 2014 2015 2016 Production and consumption of Cement (million of Tons) REAL ESTATE 5.8 6.9 8.3 9.8 10.7 10.4 10.1 5.1 7.0 8.4 10.2 11.3 10.9 10.2 2006 2008 2010 2012 2014 2015 2016 Producción Consumo Production Consumption
  • 44. TRANSPORT INFRASTRUCTURE  Peru has prioritized the development of transport infrastructure (road, rail, port and airport) to increase competitiveness and set a Regional Hub that integrates Latin America with the Asia - Pacific.  In this perspective the investment commitments in concessions of the sector, in 31 projects are around US$ 15.281 million, creating its modernization.  The sector will keep its expansion towards 2021 through PPP projects and public works prioritized by the MTC; with additional investment commitments around US$ 20.008 million. INFRAESTRUCTURA DE TRANSITO Puerto marítimo/Fluvial Aeropuerto CENTRO DE PRODUCCIÓN, DISTRIBUCIÓN Y CONSUMO Centro de acopio Principal centro de consumo Principal centro de producción Centro de distribución / almacenaje *Ositran – recongnized investments in the concession contracts – (January 2017)
  • 45. New Investments in Transport Infrastructure Programmed for the Ministry of Transport and Communication for 2016-2021 (1) (1)source: MTC presentation of the Minister of Transport and Communication in CADE 2016. (2) included projects in Public works and PPPs. (3) includes news investment in port terminals: Ilo, Salaverry, Chimbote, Saramiriza and Pucallpa (4) includes the third group of Airports Cajamarca, Huánuco and Junín, and the investment of AIJCH and AICC. (5) included Amazon waterways and the Ferry services in the Amazon. (6) the estimated investment only includes Line 3 of Metro of Lima. (7) Program of Subnational transport assistance. (8) Traffic management, fleet management, road emergencies, offense process and toll systems. Strategic objectives (2) Road, ports, waterways, airports and rail infrastructure Investment amount (US$ million) Asphalt of the National Road Network – 6084 km Construction of 1000 bridges (700 vehicular traffic, 300 pedestrians walkway) Double highway Panamerica Tumbes – Tacna 1,807 km 12,613 Upgrading and operation of Port terminals (3) Upgrading of airports (4) Multimodal integration system with logistic vision (5) 3,752 Strengthening and development of the Mass transport system (6) Metro of Lima – Line 3 and commuter train (Lima – Huancayo and Lima – Chincha) 6,051 Asphalt of 5,000 Km of highways. Program “PROREGION” Asphalt of 2,200 km of neighborhood roads, Program “PATS” (7) 1,362 Implementation of Transport Intelligent system (230) (8) 230 US$ Total MM 24,008