The Finance Ministry announced 12 regional governments are being integrated into the Coverage Programme for Technical Assistance, which aims at boosting the development of investment projects in Peru.
These regions are: Tumbes, Piura, Lambayeque, La Libertad, Ancash, Lima, Ica, Arequipa, Moquegua, Tacna, Cajamarca and Cusco.
In this sense, the Directorate-General for Public Investment and the Directorate for Sector Lending Coordination, both attached to Peru’s Finance Ministry, signed an agreement. It will help to strengthen the project-executing skills of the aforementioned 12 regions.
Therefore, those will receive direct and permanent technical assistance throughout a year. The training will be in charge of investment specialists.
Extended Assistance
The assistance could be extended for two additional years.
First results
Regions such as: Amazonas, Ayacucho, Apurímac, Huancavelica, Huánuco and Puno already have received this assistance. Their level of project execution is around 89% (around US$507 million).
(END) RGP/JJN/RGR/MVB
Published: 4/17/2015