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Peru's Fin Min: Infrastructure projects contribute to economic recovery

Photo: ANDINA/Presidency of the Republic

11:58 | Lima, Oct. 30.

The Minister of Economy and Finance Maria Antonieta Alva on Friday affirmed that infrastructure projects will contribute to the economic recovery of Peru.

"In the short term, quick responses are required so that infrastructure projects continue contributing to the recovery, while keeping the economic activity operational and supported by the appropriate preventive measures," the economist expressed.

"The goal is to be effective for short-term needs, as well as to lay the foundation for improving future competitiveness and infrastructure quality," she added.

The high-ranking official said that last year the Infrastructure Plan was presented, which prioritizes 52 projects, thus underlining the fact that it had seen consensus among different sectors.

"These projects require public and also private investment," Alva remarked.

"The Infrastructure Plan allows for the generation of long-term routes, beyond the current government administration," she noted.

In this sense, the Cabinet member indicated that it is important to develop infrastructure in the country to reduce gaps more quickly.

"A good part of the new coexistence will be digital, and that is a gap we want to close in sectors such as education and health," she underlined.

Minister Maria Antonieta Alva participated virtually in the plenary session of the V Infrastructure Governance Forum, organized by the Organisation for Economic Co-operation and Development (OECD).

??Ahora | Ministra María Antonieta Alva participa en la sesión plenaria “Reconstruir juntos: gobernanza de la infraestructura para un crecimiento inclusivo" del V Foro de Gobernanza de Infraestructura, organizado por la @OECDgov. pic.twitter.com/2VihlkA4oN
— Ministerio de Economía y Finanzas (@MEF_Peru) October 30, 2020

(END) CNA/JJN/MVB

Published: 10/30/2020

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Peru's Fin Min: Infrastructure projects contribute to economic recovery

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