CAF-AM presents alternatives for attracting private investment in sustainable infrastructure at the VIII Peru-United Kingdom Roundtable

Economic cooperation between Peru and the United Kingdom reached a historic milestone in 2018 with Anglo American's investment in Quellaveco, the largest mining investment in Peru, for an amount close to USD 5.3 billion. Quellaveco, in its first ten years of operation is expected to produce an average of 300 thousand tons of copper annually. Additionally, the island country is one of Peru's most important partners in the execution of government-to-government infrastructure projects, and in order to contribute to the development of new opportunities to diversify investment, heavily concentrated in the mining sector, particularly in sustainable infrastructure and health care, a multilateral working table was set up between the two governments, represented by the Ministry of Economy and Finance and the Trade Envoy for Peru, Chile and Colombia, respectively.

In the framework of the VIII Working Table on Infrastructure, held on September 24, 2024 in Lima, CAF-AM CEO Alberto Ñecco was invited as moderator of a panel composed of authorities from Peru and the United Kingdom that focused on the institutionalization of best practices in the development of infrastructure projects, the consolidation of centers of excellence and the creation of capacities for the optimization of the complete life cycle of infrastructure projects.

During the event, the generation of institutional capacities to ensure the development of infrastructure projects from the design strategy to the operational support and management of operational assets was addressed through an institutional framework that covers projects from the moment they are incorporated into the pipeline, where their strategic impact is more relevant than the resolution of gaps, their design, execution plan and financing. In this regard, Ñecco had the opportunity to present CAF-AM's success stories in the implementation of private equity investment funds for the sustainable financing of infrastructure in the region and as part of the possible alternatives for the structuring of instruments to attract private capital to the development of this type of projects.

The panel closed the cycle of forums, leaving proposals such as the institutionalization of best practices and international standards, the relevance of incorporating strategies and techniques from other industries for the development and management of complex projects and the development of centers of excellence concerned with the governance of the entire process to ensure its efficiency.