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PE-T1378 : PERU INVESTS IN WATER. An Investment Platform for Resilient Communities

Project Status: Implementation

The objective of the project is the implementation of resilient solutions for access to drinking water and sanitation in underserved communities and victims of the "Niño Costero" phenomenon in Peru. The project will create and execute the PERU INVIERTE AGUA platform, which will empower and enable the private sector to actively support the closure of water and sanitation gaps by financing investments in close relationships with government agencies and communities to benefit. The platform will be built on the legal framework of "Obras por Impuestos - OxI" (Law No. 29230). Through this law, the State gives the private initiative (the Companies) the opportunity to finance and execute priority public works and subsequently to recover the investment made against its tax through "Certificates of Investment".

Project Detail

Project Number
PE-T1378
Approval date
November 30, 2017
Project Country
Peru
Project Sector
WATER AND SANITATION
Project Subsector
WATER AND SANITATION-WATER SUPPLY URBAN
Project Type
Technical Cooperation
Environmental and social impact category
B
Project Status
Implementation

Project Information

Total Cost
USD 1,825,000
Country counterpart financing
USD 825,000
Fund
MIF-Small Enterprise Dev. Facility

Approved

Title
Type
Project Number
Date Published
TC Document
PE-T1378
November 22, 2018
TC Document
PE-T1378
November 22, 2018