Peru exceeds 10 billion soles in private investment projects for public works
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Government entities and private companies in Peru awarded more than 10,263 million soles in projects through the Obras por Impuestos (OxI) mechanism by October 22.
ProInversión, an agency under the Ministry of Economy and Finance, reported that these investments aim to improve public infrastructure and services for local families. The current investment total triples the 3,361 million soles recorded during the same period in 2025. These projects include infrastructure investment, maintenance, and emergency interventions.
The rapid increase in funding follows the approval of a new regulation for Law 29230 in March 2026 and an increase in the maximum annual capacity limit to 69,096 million soles. ProInversión also managed two emergency interventions worth 6 million soles each to prepare for the El Niño weather phenomenon. The agency noted that 238 public entities used the OxI mechanism for the first time this year.
Furthermore, 305 new companies joined the program in 2026, representing 70% of all participating companies. Regional governments in Arequipa, La Libertad, and Cajamarca led the number of interventions, while the regions of Cusco, Cajamarca, and Piura received the highest investment amounts. Since the program started in 2009, it has reached a total of 1,831 interventions worth 27,230 million soles.
