In its first year of implementation, the 2024–2030 National Competitiveness and Productivity Plan (PNCP) of Peru, achieved 123 of the 494 planned milestones, representing 24.9% progress, indicated the Ministry of Economy and Finance (MEF).
This result is within the projected timeframe, considering that the Plan has five years remaining.
This progress has been made possible thanks to the coordinated work of 37 entities and the collaboration of the National Council for Competitiveness and Formalization (CNCF) of the Ministry of Economy and Finance.
The National Competitiveness and Productivity Plan (PNCP) is structured around nine priority objectives comprising 75 specific measures and 494 milestones.
By 2025, progress for each priority objective ranges from 9.52% to 40.74%, with the Financing objective standing out at 40.74% (22 milestones achieved), followed by Infrastructure at 32.56% (14 milestones achieved).
“The progress of the National Competitiveness and Productivity Plan reflects coordinated work between the government and the private sector to remove barriers, improve regulations, and create conditions that facilitate investment, employment, and sustainable growth", stated the Minister of Economy and Finance, Denisse Miralles.
"We are moving forward responsibly, with clear goals and measurable results, focusing on the concrete impact for citizens”, added.
Among the main advances achieved in 2025, the implementation of the Movable Asset Guarantee Information System (SIGM) stands out.
This system facilitated access to credit for micro, small, and medium-sized enterprises (MSMEs) through guarantees on movable assets and reduced transaction costs. To date, more than 160,000 movable asset guarantees have been registered, with a guaranteed amount exceeding 200 billion soles.
Regarding improvements to the business environment, progress was made in optimizing municipal procedures, with 5% of local governments now using the application for registering operating licenses and building safety inspection certificates.
This tool will allow for monitoring compliance with the deadlines established in current regulations and promote management improvements for the benefit of those starting businesses and opening commercial establishments.
In the area of innovation and its financing, Public Procurement of Innovation (PPI) was incorporated into the Regulations of the State Procurement Law, enabling the public sector to acquire innovative solutions for its projects, promote technological development, and improve efficiency in public administration.
Likewise, during 2025, four venture capital funds were formalized, along with investments in more than 60 startups, channeling resources from the Capital Fund for Innovative Ventures totaling $ 14 million. These investments will mobilize up to an additional $45 million, generate 1,082 jobs, and promote technological innovation in private companies.
In the area of foreign trade, the implementation of the SMART borders model stands out, including the launch of the Integrated System for Non-Intrusive Information and Control (SICNI), aimed at strengthening customs management and control.
Additionally, in March 2025, 59 occupational competency standards were approved, linked to 13 occupational profiles in the agricultural and mining sectors.
This constitutes the first set of occupational competency standards and profiles for these sectors. This tool will serve as input for the development of qualifications and training-employment pathways.
The measures of the National Competitiveness Program (PNCP) were prioritized and agreed upon by consensus among public entities and representatives of the main business associations and academia within the National Competitiveness Council (CNCF) of the Ministry of Economy and Finance (MEF), reflecting a shared vision aimed at strengthening the country's competitiveness and generating better conditions for sustainable development.
More at Andina:
(FIN) NDP / MDV
Published: 12/24/2025