Infrastructure investments face obstacles in Peru
Friday, June 2, 2017
Amid attempts to secure new investment from Canada and the United States, the government is wrestling with political difficulties surrounding the future of public-private partnerships (PPPs). These have been magnified in recent months by the bad publicity arising from the Odebrecht bribery scandals. Establishing a politically acceptable balance between attracting investors and ensuring the transparency of public works contracts is proving increasingly important.
- The problem of corruption in sub-national government will cloud the operations of PPPs.
- There will be a need for stronger and more independent regulation of PPP projects.
- The localised reach of the Works for Taxes programme will limit its scope in dealing with wider objectives.
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