Lima, Peru – January 23, 2025 – The Peruvian Ministry of Foreign Trade and Tourism (Mincetur) is set to host a major investment roadshow on January 31, aiming to attract over $250 million in funding for regional tourism projects. The event will bring together government officials, private sector businesses, and international financial institutions to discuss and advance these initiatives.

According to Deputy Minister Madeleine Burns Vidaurrazaga, the roadshow will serve as a platform for regional governments to present their tourism development plans to potential investors. “We want to create a meeting point where these investments can be financed,” she said in an interview with Agencia Andina.

A wide range of projects, spanning 11 regions, will be showcased at the event. These include infrastructure improvements, such as the construction of a cable car in Cusco, a new bus terminal in Anta, and upgrades to the Tacna-Arica railway. Additionally, cultural and heritage tourism projects, like the development of the Las Peañas and Miculla Petroglyphs Museums in Tacna, will be highlighted.

To facilitate investment, the government will be promoting the use of public-private partnerships, such as the “obras por impuestos” (works for taxes) mechanism, which allows companies to offset their tax liabilities by investing in public infrastructure projects.

“We have identified approximately $250 million in funding needs for 35 tourism projects across 11 regions,” said Burns. “However, we are eager to attract even more investment.”

The Mincetur believes that increased investment in tourism will create jobs and stimulate economic growth in regional economies. The ministry estimates that every $100 million invested in tourism generates $1.1 billion in private sector investment.

The roadshow will also involve representatives from the Ministries of Housing, Construction, and Sanitation, as well as Transport and Communications, to coordinate efforts on projects related to transportation and urban development.

By bringing together key stakeholders and promoting a variety of investment opportunities, the Peruvian government aims to position the country as a leading destination for tourism investment in Latin America.