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Project for the reconstruction of schools in the Villa María del Triunfo district

AIM

The aim of this project is provide legal, financial, public administrative and comprehensive advice to a public-private partnership for the design, construction and maintenance of and provision of general services to education centers in the municipality of Villa María del Triunfo. It involves the implementation of a private participation model under the public-private partnership scheme to cover the existing infrastructure gap.

DESCRIPTION

The project includes the construction and maintenance of and provision of general services to five schools in the municipality of Villa María del Triunfo. In Peru, school infrastructure does not meet minimum quality standards. 64% of buildings are still to be fully constructed. The three basic services are not available in 79% of rural schools. Structural reinforcement is required in 15% of buildings, and 91.5% of rural primary schools do not have Internet access. The centers prioritized for this project meet the following criteria:

  • E More than 1,000 students.
  • E More than 50% of infrastructure in need of replacement.
  • Not contained in the Multi-Year Program.

The centers chosen are:

  • 7054
  • 7055 Túpac Amaru II
  • 7057 Sob. Orden Militar de Malta
  • José Carlos Mariátegui
  • Túpac Amaru

In terms of technical and financial requirements, in order to guarantee service quality, the Ministry of Education will evaluate experience in:

  • Construction of education facilities
  • Operation of education institutes
  • Financial solvency and provision of guarantees

Estimated State co-financing for the project amounts to 100%, with the business to provide services based on pre-defined quality standards without demand risk.

MOTIVATION

The principal mission of Peru’s Ministry of Education is to seek cooperation with private businesses to reduce the current funding gap of S/.60 billion.

DETAILS

Location
Municipality of Villa María del Triunfo, Lima.
Beneficiary population
Students of the listed schools.
Estimated investment
Approximately US$35m of investment.
Financing
Public-private partnership mechanism. 100% co-financed.
Current situation
Seeking partner.
Investor benefits
Investor recoups 100% of the investment sum through State co-financing mechanisms. Guaranteed minimum assuring sustainability and financial viability of the project.
Project supervision
The technical components are defined by the corresponding OPIP (Private Investment Promotion Authority).

If you wish to know more about this project, please contact us:

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