A total of 26 Spanish companies are participating in 34 Public-Private Partnership (PPP) and asset-based projects in Peru, with investments valued at $ 12.51 billion, primarily in the transport, sanitation, health, and energy sectors, according to data from the Private Investment Promotion Agency (ProInversión).
Key initiatives involving Spanish capital include Line 2 of the Lima and Callao Metro, the Peripheral Ring Road (Anillo Vial Periférico), as well as projects for wastewater treatment, hospital infrastructure, and electricity transmission.
Line 2 of the Lima and Callao Metro—including the branch along Faucett and Gambetta avenues—represents an investment valued at $ 5.07 billion and involves the participation of Iridium.
Additionally, the Peripheral Ring Road project entails an estimated investment of $ 3.39 billion, with the participation of companies such as Sacyr, Acciona, and Cintra.
Other sectors
In the sanitation sector, a notable project is the Taboada wastewater treatment plant (WWTP), operated by Tedagua, which represents an investment of $ 269 million.
In the health sector, the operation and maintenance of the New Villa El Salvador Emergency Hospital—valued at $ 284 million—is linked to the Ortiz Group.
Meanwhile, the electricity sector includes a 500 kV transmission line running from the Piura Nueva substation to the border; this project was awarded as a concession to Celeo and involves an investment of $ 223 million.
The participation of Spanish companies takes place within a context where ProInversión holds a portfolio of 85 Public-Private Partnership (PPP) and asset-based projects—along with six addenda—valued at approximately $42 billion for the 2026–2030 period.
New investment opportunities
Antoni Bosch Pujol, an expert in artificial intelligence and a professor at Centrum PUCP and the Universidad del Pacífico, noted that there is room for Spanish investments to diversify into activities with a higher technological component, particularly in the shipbuilding industry and information technology.
In the maritime sector, opportunities include the development of industrial capabilities, the modernization of facilities, and services related to maritime activity.
Meanwhile, information technology and the expansion of artificial intelligence open up possibilities for innovation, process automation, and the digital transformation of companies and institutions.
Bosch Pujol argued that the challenge for Peru lies in converting corporate interest into new investments, technology transfer, and specialized jobs—a process for which legal certainty and the continuity of public policy are essential.
Thus, the business relationship between Spain and Peru encompasses both participation in large-scale infrastructure projects and opportunities to expand cooperation into areas linked to innovation and technological development.
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(END) NDP/JAM / MDV
Published: 10/28/2026