Peru: Third country with the best scenario for APP’s.
Peru is one of the five countries with the best scenarios for implementation of public-private partnerships (PPPs), being surpassed only by Chile and Brazil, which are ranked first and second, respectively, as revealed by the Inter-American Development Bank (BID).
The situation, which was mentioned in a publication by the Mexican newspaper El Financiero within a look at the scene of PPPs in Latin America and the Caribbean, and in the context of the conference PPP Americas held in Punta del Este (Uruguay), was also linked to the observation of the IDB on the need to improve the amount of APP that run inside the country.
Region
Chile, Brazil, Peru, Mexico and Colombia are the first in the ranking of nations with more conducive to achieve public-private partnerships, which have become a tool to fill gaps in infrastructure scenarios on developing regions, said the Mexican media.
According to the statements of the general manager of the Multilateral Investment Fund (MIF) of the IDB, Fernando Jimenez-Ontiveros, the picture of the APP has presented improvements especially in the institutional and regulatory aspects, but is still far from reaching its true potential.
Infrastructure
Another highlight was that, according to the Infrascope 2014 report, presented at the conference in Punta del Este, the region has only allocated between 2% and 3% of its Gross Domestic Product (GDP) to reduce the infrastructure gap affects all countries of the region.
According to the document, the figures are still far from 5% should devote nations.