Andina

Peru: Viable public investment projects totaled US$9.455 billion

La rehabilitación y mejoramiento de la carretera Longitudinal de la Sierra, en el tramo Cajamarca, favorecerá el crecimiento de esa región.

La rehabilitación y mejoramiento de la carretera Longitudinal de la Sierra, en el tramo Cajamarca, favorecerá el crecimiento de esa región.

13:07 | Lima, Jun. 26.

Viable Public Investment Projects (PIPs) were valued at S/31.204 billion (about US$9.455 billion) as at June 23th 2016, Peru’s Economy and Finance Ministry (MEF) reported.

It must be noted such projects were declared viable by the three levels of government: national, regional and local.

Over the analyzed period, PIPs declared viable by local governments stood at S/21.619 billion (about US$6.551 billion).

National government-approved PIPs amounted to S/5.094 billion (about US$1.543 billion), whereas those related to regional governments reached S/4.491 billion (about US$1.360 billion).

(END) RGP/RGP/MVB


Published: 6/26/2016