Peru’s Private Investment Promotion Agency, ProInversión, is set to award the contract for the Lake Titicaca wastewater treatment project in March. 

ProInversión has recently approved the final version of the contract for the project "Wastewater Treatment System for the Lake Titicaca Basin - PTAR Titicaca" and sent to the General Comptroller's Office of the Republic (CGR) to issue its previous report, anticipating the deadline in the timeline of the process for the award of the aforementioned project.

It is important to note that the final version of the PTAR Titicaca contract has been subject to a rigorous analysis by different public entities and to date it already has the favorable opinions of the Ministry of Economy and Finance (MEF), of the Ministry of Housing, Construction and Sanitation (MVCS), as well as the previous opinion of the National Superintendence of Sanitation Services (Sunass).

Now the CGR has 15 working days, that is until March 6, to express their opinion regarding the project contract. For the development of the project it is very important to have the previous report of the CGR as a mechanism to control the transparency and legality of the concession process. After the participation of the CGR, the bidders will present their technical and economic offers, awarding the project to the best proposal.

The Executive Director of ProInversión, Alberto Ñecco, expressed his confidence that the project will be awarded by the end of March, since all the entities involved in the process are committed to the importance of concessioning the project to meet the urgent need of the population of Puno. for having an adequate wastewater treatment service.

He recalled that the Public-Private Partnership mechanism, through which PTAR Titicaca will be concessioned, is not a privatization. On the contrary, it is a form of public-private investment that guarantees an adequate infrastructure, its maintenance and good services for the population during the 30 years of the concession.

The project would treat the contaminated water in Lake Titicaca. This will result in better social and health conditions for the local population, especially for those who live downstream of the existing Treatment Plants and for those who make direct use of the natural and tourist resources provided by the lake ecosystem.