On October 30th, the Executive Branch, through the Supreme Decree Nº 240-2018-E, approved the Regulations for the Promotion of Private Investment, contained in Legislative Decree Nº 1362. This stipulates that, within the framework of Public-Private Partnerships (PPPs), the State may create or modify trusts to finance these investments, only if the Ministry of Finance previously supported them.
Private companies particularly interested in this type of modality must present their proposal, clarifying the technical, economic and financial contractual conditions, which will then be evaluated by the Private Investment Promotion Agency (OPIP) at the selection stage. They must also consider the corresponding State guarantees to finance the project.
It should be highlighted that the private sector may also submit to the State a Self-financing Private Initiative (IPA) for the development of PPP projects, whenever they consider it appropriate.