The Private Investment Promotion Agency (PROINVERSIÓN) has identified a potential of 250,000 hectares of land for cultivation that could be developed through the Public-Private Partnership modality, with an estimated investment of more than US$ 4.3 billion.

These four initiatives have the potential to attract investments exceeding US$4.3 billion and could lead to a twofold increase in agricultural exports, reaching US$22 billion. They aim to double the land allocated to modern agriculture for traditional and non-traditional export products, totaling 500,000 hectares. These projects include Chavimochic III Stage (111,000 hectares), Majes Siguas II Stage (38.5,000 hectares), Chinecas (83,000 hectares), and Chancay – Lambayeque (20,000 hectares). The Chancay – Lambayeque irrigation project is currently in the structuring phase under PROINVERSIÓN.

Additionally, PROINVERSIÓN has identified another 168,000 hectares of land suitable for modern agriculture expansion through initiatives such as Olmos II Stage (50,000 hectares), Pampas Verdes (50,000 hectares), Majes I Optimization (8,000 hectares), Alto Piura (20,000 hectares), and Chira – Piura (40,000 hectares).