Overview
In 2019, Peru launched its National Infrastructure Plan (PNIC), which identified a $110 billion long-term infrastructure gap from 2019 through 2038. The shortfall spans almost every sector including transportation (44 percent), sanitation (20 percent), healthcare (16 percent), water (nine percent), telecommunications (six percent), hydraulic (four percent), electricity (two percent), and education (2 percent). In Peru’s most recent PNIC (2022-2025), the GOP prioritized 72 infrastructure projects totaling $38.5 billion with a goal for completion by the end of 2025. Two-thirds of the priority projects are in the transportation and communications sectors, and they include building a ring road around the Lima metropolitan area, improving broadband access, and enhancing irrigation systems.
Opportunities
Long-Term Infrastructure Gap (Billions USD)
Peru seeks robust investment in infrastructure, utilizing a variety of mechanisms to ensure continuity, including traditional public works, public-private partnerships (PPPs), Works for Taxes (OxI), and government-to-government (G2G) agreements. In 2024, the Works for Taxes program saw a major increase in both the number of projects and the total investment. By December 2024, OxI generated S/ 4,004 million (approximately $1.15 billion USD) through 124 projects—an unprecedented result for a single year, and roughly equivalent to the total accumulated over the previous seven years. Peru utilizes PPPs in various projects from construction to operation to maintenance, with the property reverting to government control at the end of the contract. ProInversion, Peru’s investment agency, seeks to attract foreign investment, primarily in infrastructure, and lists all available PPP projects on its website.
Road Network
The National Road Network, managed by the Ministry of Transport and Communications (MTC) and Provías Nacional, involves studying, constructing, and maintaining a 25,530 km system of highways (built and planned) comprising of routes throughout Peru. According to available data, Peru’s road network faced significant challenges in the 1990s, with only about 30% of Peru’s roads having been paved or having low-cost pavement surfaces, while the remainder were unpaved tracks. To address this, Peru developed a concession model to improve connectivity of logistics corridors. According to OSITRÁN (the Transport Infrastructure Investment Supervisory Body) data, since 2003, the government has awarded 16 road concessions totaling 6,694 km, leading to significant private investment in highway construction and maintenance. In recent decades, these public-private partnerships and infrastructure improvements have helped dramatically increase the percentage of the national road network that is paved, reaching just over 84 percent by 2022.
Telecommunications
In Peru, there are 30 telecommunications companies responsible for transmitting telephone, internet, and television signals through a 13,500 km fiber optic network. 1,096 entities provide public telecom services. In the past five years, cellphone and internet subscriptions have risen by 33 and 46 percent, respectively. Ninety-five percent of households in Lima and 89 percent nationally now have at least one cell phone. 76 percent of Peruvians now have internet access versus just under 20 percent in 2012. Peru’s 5G transition is advancing slowly, with limited coverage primarily in urban areas like Lima, where Claro and Entel lead deployment using Non-Standalone (NSA) networks. The Ministry of Transport and Communications is facilitating progress through Legislative Decree No. 1627 and a 2025 spectrum tender, aiming to expand rural connectivity and support advanced applications like telemedicine and IoT. Challenges such as infrastructure requirements, regulatory delays, and public misconceptions continue to hinder widespread adoption.
Water and wastewater
In Peru, municipalities manage the water sector but generally have difficulty maintaining water utilities. The infrastructure gap in water and wastewater is approximately $15 billion. Therefore, the Government has developed a strategy to streamline processes and regulations regarding investment, financing, and management.
Challenges
Those wishing to implement projects in Peru face legal and regulatory hurdles, land access issues, and limited government capacity. High ministerial turnover, common even in stable times, can also stall projects. Taken together, these challenges may hinder Peru’s ability to meet its infrastructure goals, and may increase the risk of developers abandoning projects mid-construction. To bid on public infrastructure tenders, international firms not based in Peru must register with the National Registry of Suppliers (RNP) from the Supervising Agency of the Government Procurement (OSCE).
Resources
Trade Shows
- Expo Agua 2026
September 30 to October 2, 2026
Jockey Plaza Convention Center
- Excon 2026
October 14 to October 17
Jockey Plaza Convention Center