Andina

Peru: Viable public investment projects totaled US$11.562 billion

Puentes peatonales en Panamericana Sur Foto: Municipalidad de Lima.

Puentes peatonales en Panamericana Sur Foto: Municipalidad de Lima.

12:36 | Lima, Jun. 25.

Viable Public Investment Projects (PIPs) reached 7,804, totaling S/37.692 billion (around US$11.562 billion) as at June 22, Peru's Economy and Finance Ministry informed.

It should be noted these projects have been declared viable by the three levels of government: national, regional and local. 

During the analyzed period, local governments determined the viability of 6,908 PIPs worth S/21.474 billion (about US$6.587 billion).

They were followed by regional governments with 585 PIPs valued at S/6.660 billion (about US$2.043 billion), as well as the national government with 311 PIPs worth S/9.558 billion (about US$2.932 billion).

(END) MVB


Published: 6/25/2017