Private Special Economic Zones will be engines of investment, employment and development

Photo: Presidency of the Republic of Peru

Photo: Presidency of the Republic of Peru

13:42 | Lima, Nov. 12.

Economy and Finance Minister Denisse Miralles stated on Wednesday that Private Special Economic Zones (PSEZs) represent one of the government’s most ambitious initiatives to boost the economy and foster regional development, with a focus on fiscal sustainability and attracting investment.

The high-ranking official participated in the International Forum on Private Special Economic Zones.

Within this framework, the Cabinet member emphasized that the new legal framework, established by Law No. 32449, "is not merely a special tax regime, but a strategic tool to boost productivity, formalization, and the diversification of the Peruvian economy."

"Each tax benefit is linked to concrete commitments in investment, employment, and innovation. This is not about transferring advantages, but about creating real value and opportunities for the regions," she stated.

Coordinated policy

Miralles highlighted that the Ministry of Economy and Finance (MEF) is fostering a coordinated policy that integrates PSEZs with the national portfolio of Public-Private Partnerships.

Between January and October of this year, it has awarded over US$2.3 billion and projects an additional pipeline of US$27.2 billion through December 2026, incorporating commitments to expand investment through strategic addenda.

"Private investment and public investment are not parallel paths, but complementary engines that must advance together to multiply their impact on employment, productivity, and well-being," she noted.

Furthermore, the government official highlighted that, for the MEF, PSEZs are an invitation to rethink Peru’s development model.

"Less dependence on raw materials, more industry; less informality, more decent employment; less centralism, more territorial coordination," she emphasized.

The Cabinet member also noted that the government is betting on a decentralized economic model, in which each Peruvian region has at least one PSEZ, integrating infrastructure, talent, and innovation.

"Special Economic Zones are an opportunity for Peru to produce, export, and innovate with a future-oriented vision," she concluded.
(END) NDP/SDD/MVB

Publicado: 12/11/2025