The Peruvian Agency for Private Investment Promotion (PROINVERSIÓN) announced that the 'Obras por Impuestos' (OxI) mechanism has surpassed 10 billion soles in total awarded projects. As of October 22, the initiative reached a cumulative total of 10.263 billion soles across 761 individual interventions.
This milestone reflects the ongoing utilization of the OxI framework, which allows private companies to finance and execute public infrastructure projects in exchange for tax credits. The achievement of this financial threshold before the end of October highlights the continued activity of this public-private partnership model in Peru.
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