Peru’s finance minister Alonso Segura 
Peru’s government is pushing to cut the country’s infrastructure gap by attracting foreign investment for new projects, the country’s finance minister has told investors in New York.

It hopes to finance roads, airports and energy generation and distribution projects through public-private partnerships, Alonso Segura said in a presentation in New York on May 7.

The government supports association with corporates, because “PPPs are less prone to corruption than public procurements, as more eyes are on them,” Segura said.

The administration hopes infrastructure investment will boost Peruvian growth in the next couple of years.

It is attempting to streamline environmental licensing processes — creating a single back office — to drive investment in mining, Segura said.

Line 2 of Lima’s subway, a $5.8bn project, is the biggest concession awarded so far. LF