PERU · INVESTMENT
Key Facts
- What is happening On Monday 26 and Tuesday 27 October 2026, Peru’s investment agency presented a 2026 to 2030 portfolio of 87 projects, estimated at US$50 billion, to funds and banks in New York.
- Why it matters Peru wants US capital for rail, ports, power, gas and water, and the pitch shows how President Keiko Fujimori’s new government is courting Wall Street.
- The numbers The portfolio holds 87 projects over five years, and the agency targets US$1.37 billion in new projects and US$946 million in contract amendments for the fourth quarter of 2026.
- Who is who ProInversión is Peru’s private investment promotion agency, led by Luis Del Carpio. Economy Minister Elmer Cuba and central bank president Julio Velarde joined the delegation.
- What to watch Whether Peru awards the fourth-quarter projects by the end of December, and whether the US$2 billion working-capital financing for the state oil company Petroperú is signed.
- Power Index Peru ranks 5th of 14 in The Rio Times Latin America Power Index, with 54.7 points (October 2026 edition).
- What it means for you US funds and builders are the audience, but US$50 billion is an estimate of project costs, not money pledged, and no investor commitments have been announced.
Peru has asked US banks and funds to help finance 87 projects over five years. The agency running the list puts the cost at more than US$50 billion.
The Peru investment portfolio, an estimated US$50 billion across 87 projects, was pitched to US banks and funds in New York. ProInversión, Peru’s private investment promotion agency, presented the 2026 to 2030 list on Tuesday, 27 October 2026.
American fund managers and banks were the audience for contracts on roads, rail, ports and power, not for aid. The figure is an estimate of project costs, not money pledged.
In Plain English
- Roadshow: a trip where officials and company leaders meet investors to sell a country’s opportunities.
- inPERÚ: a private non-profit group in Lima that promotes investment and capital markets, and runs this roadshow.
- Public-private partnership (APP in Spanish): a long contract in which a private firm builds and runs public infrastructure.
- Contract addendum: a signed change to an existing contract, such as a bigger scope or a new price.
What Peru Is Offering US Investors
ProInversión says the portfolio covers 87 projects with an estimated investment of more than US$50 billion in 2026 to 2030. It names sectors from transport and telecoms to irrigation, mining, tourism, sanitation, education, natural gas and electricity.
The agency says the list aims to close structural gaps and build corridors from the Pacific coast to the Amazon and Brazil. Peru’s country page on The Rio Times follows these projects.
These are the largest items named in the presentation. Each figure is the estimated investment.
- Chinecas irrigation project: US$4.47 billion.
- SITGAS gas project: US$4.32 billion.
- Amendment to the Lima Metro Line 1 contract: US$2.68 billion.
- Lambayeque Industrial Park: US$1.5 billion.
- Cusco bypass road: US$726 million.
Who Peru Met in New York
The XIX inPERÚ Roadshow ran on Monday 26 and Tuesday 27 October, with more than 80 public and private delegates. Economy Minister Elmer Cuba and Julio Velarde, president of the central bank, took part.
On Monday the minister and central bank president joined a round table with managers including American Century, Lazard, Morgan Stanley and VanEck. Peru’s Economy and Finance Ministry says the agenda also included JP Morgan, BlackRock and PIMCO.
On Tuesday the minister spoke to the Council of the Americas, a US business group of multinationals in banking, energy and mining. He later met institutional investors convened by Bank of America, among them BlackRock, PIMCO, Vanguard and MetLife.
The minister also met infrastructure investors from Squared Capital, Goldman Sachs and Global Infrastructure Partners about projects open to private money. In his Council speech he said expert groups are studying reforms on public investment, formal jobs, capital markets and tax compliance.
The Targets for the Last Three Months of 2026
ProInversión set near-term goals for the fourth quarter of 2026 of US$1.37 billion in project awards and US$946 million in contract addenda. Together that is about US$2.3 billion, with electricity transmission lines and a port terminal at Chimbote among the highlights.
The addenda include expanding the gas networks of Cálidda, a natural gas distributor. ProInversión chief Luis Del Carpio said US$27 billion in public-private contracts were signed over the last four years.
Del Carpio said Peru expects “a lot of investment” from the United States for its infrastructure over the next five years. He added that the policy set out by the finance ministry and central bank drew strong interest.
The Petroperú Chapter
Del Carpio also briefed investors on the restructuring plan for Petroperú, Peru’s state oil company. He said the agency is closing a US$2 billion working-capital financing, with Citibank and JPMorgan taking part and others expected to join.
The plan would also sell or partner on storage terminals, refineries, the Norperuano Pipeline and oil blocks, from late 2026 into 2027. The Rio Times covered an earlier US$475 million bridge loan for the company.
What It Means for US Readers
The portfolio is a list of projects, not a bond or fund that US savers can buy. US infrastructure funds, builders and lenders are the target, and any deal would come through contracts signed one project at a time.
US-Peru trade has run under the Trade Promotion Agreement since 1 February 2009, the US Trade Representative says. For background, see Peru and the United States explained and the guide to Peru.
Related coverage includes the Lot 192 oil field handover and Peru’s plan to open its stock exchange to Chile and Colombia. Visitors planning a stay can read the Lima city page.
What Is Not Known
No investor commitment, price or contract has been announced from the New York meetings. It is not known how much of the US$50 billion is already financed or how fast it will be tendered.
The terms, the full lender list and the closing date of the US$2 billion Petroperú financing have not been published. The agency described it as being closed, not as signed.
What Comes Next
The fourth-quarter targets run to the end of December, so awards worth about US$2.3 billion should show progress within weeks. They are goals set by the agency, not guaranteed outcomes.
The Petroperú asset plan follows a schedule that runs from late 2026 into 2027. It does not mean any sale has been agreed.
Frequently Asked Questions
What did Peru present in New York?
ProInversión presented a 2026 to 2030 portfolio of 87 projects, estimated at more than US$50 billion. It did so at the XIX inPERÚ Roadshow on 26 and 27 October.
Is the US$50 billion already committed by investors?
No, it is the agency’s estimate of what the projects would cost. No investor commitments have been announced.
What does Peru want to award by the end of 2026?
The agency targets US$1.37 billion in projects and US$946 million in contract addenda in the fourth quarter. The list includes electricity transmission, the Chimbote port terminal and Cálidda gas networks.
Who is ProInversión?
It is Peru’s private investment promotion agency, attached to the Economy and Finance Ministry. Luis Del Carpio is its executive president.
Which US firms and groups did Peru’s delegation meet?
The Economy Ministry lists BlackRock, JP Morgan, PIMCO, Vanguard, Goldman Sachs and the Council of the Americas. The list is not complete.
Sources: ProInversión, press release, 27 October; Peru Economy and Finance Ministry, 26 October; Peru Economy and Finance Ministry, 27 October; US Trade Representative, Peru Free Trade Agreement; Presidency of Peru, news page (all accessed 28 October 2026).
This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief