Peru could be among the world’s leading food suppliers

The Peruvian government will invest $24 billion in 22 irrigation projects to boost its agricultural production and position itself among the world's leading suppliers

The Peruvian government, through the Ministries of Economy and Finance and Agrarian Development and Irrigation, presented 22 irrigation projects that seek to position the South American nation among the world’s leading food suppliers.

The ministers of both ministries, José Salardi and Ángel Manero, were responsible for presenting the irrigation proposals, as well as the incorporation of one million hectares into the agricultural sector, to be awarded in July 2026, to boost production.

Manero explained that approximately seven projects are expected to be awarded this year, while the remaining 12 will be delivered before July 28 of next year. Salardi specified that 85% of the investment promotion for the 22 projects will be carried out through the Public-Private Partnership (PPP) mechanism.

According to the participants in this meeting, the projects are aimed at benefiting agricultural producers in 14 regions. “Among the projects to be awarded are the Marañón Transfer (350,000 hectares), Pampas Verdes (200,000), Poechos (100,000), Chavimochic III (63,000), Chinecas (70,000), Poechos (100,000), and others. In addition, irrigation improvements are expected on more than 278,871 hectares.”

Salardi stated that the goal of these initiatives is to double “agricultural exports, considering that sales of $13 billion are expected this year” and double shipments to “more than $31 billion by 2040.”

M.Pino

Source: diariocorreo

(Reference image source: James Baltz on Unsplash)

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