
Peru govt survives vote of confidence and unveils major infrastructure plans

Peru’s government unveiled plans for the reactivation of infrastructure projects and pending tenders, with a strong focus on investments to recover from the economic blow of the latest and deadly protests.
The project announcements were made in congress late Tuesday during a debate on a vote of confidence in the cabinet of President Dina Boluarte.
Former VP Boluarte became the country’s leader in December after congress removed former president Pedro Castillo, who had sought to dissolve the legislature. The ousting of Castillo has led to protesters blocking roads and occupying airports, with many killed in clashes with the police. Boluarte has refused to meet the protesters’ demands, which includes her resignation, calling for early elections and closing down congress.
Despite major questioning regarding the Boluarte administration's handling of the protests, congress gave its approval of the cabinet led by prime minister Alberto Otárola.
As part of the confidence vote proceedings, the ministers presented their plans and goals for resolving the current crisis - and the infrastructure sector is seen as key among these efforts.
BNamericas takes a look at the most important plans.
THE PLANS
The economy and finance ministry (MEF) recognized that many projects are paralyzed due to excessive red tape, corruption and public sector inefficiency. An “unblocking shock,” which includes rapid execution of regional projects, will be accompanied by a guide on how to reactivate the paralyzed public works.
MEF’s pledge for 2023 is to unblock 474 projects worth a combined 731mn soles (US$193mn) that can generate an economic impact in the short term.
To support this goal, the government will submit a bill to restructure the debts of municipalities that have limited capacity to finance public services.
REGIONAL PROJECTS
The transport and communications ministry (MTC) said that the Chinchero international airport (AICC) project in Cusco region will see its main construction works kick off this year. With capex of US$427mn, it has obtained approval for the designs of the landing strip, taxiway, aircraft apron, passenger terminal and control tower.
In March, the government will disclose which company will be in charge of building the 7.5km road that will link Cusco city with the new airport. The contract is worth an estimated 450mn soles.
Regarding Puno region, which is one of the most affected by the recent protests, MTC unveiled an investment of 140mn soles to improve 193km of roads. The ministry is also preparing the tender call for the Vía Evitamiento Juliaca road project and the Checca-Mazocruz highway, whose estimated investments amount to 785mn and 205mn, respectively.
Last year an official from highways authority Provías Nacional told BNamericas that Vía Evitamiento Juliaca would be put out to tender in March or April this year.
Tender call preparations are also underway for the stretch 4 of the Longitudinal Sur highway. Contract awarding of the US$930mn PPP project was initially scheduled for 3Q23 but it is now set for 1Q24.
In the airport sector, Otárola said rehabilitation works will be carried out at various regional airports with a combined investment of 141mn soles. The works will include terminals, parking lots and perimeter fences.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Political Risk & Macro (Peru)

Peru not seen hitting inflation target this year
Although inflation is expected to be lower this year, internal risks such as the prolonged impact of the protests and the uncertainty regarding the...

Petroperú calls for an end to acts of vandalism against the North Peruvian Pipeline
Attacks against the ONP facilities in the Amazon Region put the lives of the population at risk.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects
Get key information on thousands of projects in Latin America, from current stage, to capex, related companies, key contacts and more.
- Project: Santo Cristo hydro plant
- Current stage:
- Updated:
10 hours ago
- Project: Campo Grande - Ouro Verde - Perimetral BRT, lot 4
- Current stage:
- Updated:
10 hours ago
- Project: Posse Gold (Mara Rosa Property)
- Current stage:
- Updated:
9 hours ago
- Project: Pasco
- Current stage:
- Updated:
11 hours ago
- Project: Parnaíba VI Thermoelectric Power Plant
- Current stage:
- Updated:
14 hours ago
- Project: Santiago Metro Line 7
- Current stage:
- Updated:
14 hours ago
- Project: Mexico Hospital
- Current stage:
- Updated:
15 hours ago
- Project: Suburban Train of Saltillo/Coahuilteca (Section Derramadero - Ramos Arizpe)
- Current stage:
- Updated:
10 hours ago
- Project: Fourth bridge over Panama Canal
- Current stage:
- Updated:
14 hours ago
- Project: Trolleybus Chalco - Santa Martha
- Current stage:
- Updated:
14 hours ago
Other companies in: Political Risk & Macro
Get key information on thousands of companies in Latin America, from projects, to contacts, shareholders, related news and more.
- Company: Richard Hidalgo Vásconez Cía. Ltda.
- Company: Gobierno de la República de Surinam
-
The Government of the Republic of Suriname is the public administration established under its Constitution in 1987. It is composed of the President's office, integrated by the P...
- Company: Agência de Transporte do Estado de São Paulo  (ARTESP)
-
Created in 2002, the São Paulo State Transport Agency (ARTESP) is in charge of overseeing public transportation for Brazil's São Paulo state. Working under the Secretariat of Go...
- Company: Asociación de Aseguradores de Chile A.G.  (AACH)
-
Chilean Insurance Assocation A.G. (AACH) is a non-profit association, comprised of 56 insurance companies, incorporated in 1899 to promote the development and protection of insu...
- Company: Gobierno de la República de Chile