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Peru: National Infrastructure Plan to boost job creation

09:48 | Lima, May. 18.

One of the major tools that the Government has in order to stimulate economic growth in the post-coronavirus era is the promotion and execution of public-private investment projects.

According to Finance-Economy Ministry's Private Investment Promotion Policy Director-General Gabriel Daly, the National Infrastructure Plan for Competitiveness (PNIC) is part of Phase 1 of the gradual resumption of economic activities for this reason.

"The implementation of this national plan will become a driving force behind the demand for labor," he told El Peruano official gazette.

Actions

Therefore, in order to speed up the development of PNIC and other investment projects, the Government has approved Legislative Decree 1500, which stipulates various measures to promote, facilitate, and optimize processes.

"It is an instrument to speed up and ensure the execution of these projects within the established deadlines," Daly said.

The projects of the Authority for Reconstruction with Changes (ARCC) are also considered in this case.

The government official said that one of the first works to be resumed would be the Salaverry Port Terminal.

(END) DOP/WRR/JJN/RMB/MVB

Published: 5/18/2020