The Public–Private Partnership (PPP) mechanism will continue to be strengthened, given that there is a portfolio of projects and addenda worth approximately US$23 billion for the period from December 2025 to December 2026,
"Public–Private Partnerships accelerate modern infrastructure development and sustainable employment creation, while keeping the State as a partner in development," she said during her participation in the event "Peru Sustainable Social Infrastructure & Clean Energy," organized by Dorado Investments.
The government official noted that its strengthening will contribute to the upcoming publication of the regulations for the new PPP Law, which aims to ensure proper execution of investments, strengthen the State-run Private Investment Promotion Agency's (ProInversion) governance, shorten the timeframes required for technical studies, and optimize the phases of PPP processes.
"Measures proposed for implementation under the legislative powers requested from Congress will also contribute to this process," Minister Miralles emphasized.
The Cabinet member underscored that PPPs are being promoted because, unlike other models, they not only ensure the delivery of infrastructure.
"Infrastructure is a vehicle; it cannot be the ultimate goal. The ultimate goal is to provide citizens with sustainably high-quality services," she said.
Public investment
The Minister of Economy and Finance (MEF) highlighted that public investment reached S/49.168 billion (US$14.560 billion) between January and November 2025, a 5% increase compared to the same period last year.
However, the government official pointed out that private investment is the key engine for Peruvian economy to continue growing.
"In the third quarter of 2025, private investment grew by 11.4%, its highest expansion rate since 2021," Miralles stated.
"The current scenario is favorable for higher investment and, therefore, for achieving our growth targets, higher revenue, employment, and well-being for Peruvians," she added.
In consolidation
The government official emphasized that Peru's economy is in a consolidation process and has recorded sustained growth up to the third quarter of 2025.
"Between January and September, GDP grew by 3.3%, driven mainly by stronger domestic demand, higher private investment, and increased domestic consumption," she indicated.
In this regard, Minister Miralles highlighted the performance of sectors such as agriculture and livestock, construction, and fishing.
Regarding GDP performance, she highlighted the contribution of domestic demand for maintaining a growth rate above 5% over the past four quarters.
The government official also highlighted the performance of private investment, which grew by 11.4% in the third quarter of this year, the highest rate recorded since the third quarter of 2021.
"This dynamism, along with the recovery of consumption and public investment, has helped consolidate an environment of higher economic growth and business confidence," she emphasized.
Mining
Minister Miralles highlighted that the mining sector has a pipeline of 67 projects representing investments of over US$64 billion.
"We rank first globally in reserves hosting a wide range of minerals, including silver and copper, among others. However, we need the right conditions to turn these potentials into real development," the high-ranking noted.
"The idea is to generate greater added value that enables us to develop industry. An important factor is the availability of energy," she pointed out.