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El Peruano

Peru's tax-for-works investment mechanism reaches S/9.4 billion in 2026

Summary

ProInversion reported that Peru's works for taxes (OxI) mechanism reached 9,409 million soles in awarded projects between January and September 2026, covering 691 interventions. The agency said this more than tripled the 2,989 million soles awarded in the same period of 2025, with the third quarter alone reaching 3,858 million soles, the highest quarterly figure in the program's 18 year history. ProInversion head Luis Del Carpio attributed the growth to higher annual investment caps for public entities and rising private sector confidence in the mechanism. The agency added that 343 public entities and 408 private companies took part, with regional governments accounting for half the awarded amount.

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