Majes Siguas II: MEF hopes to be socialized in the coming weeks Trade Economy | Peru

the executive He hopes that in the coming weeks an addendum will be socialized that allows to continue with the construction of the infrastructure of the irrigation project. Majes Siguas II, Paralyzed since December 2017.

"From the Executive we have the willingness to realize this in the short term, hopefully we can get an addendum that is socially accepted in the coming weeks", said the head of the Ministry of Economy and Finance (MEF) Carlos Oliva.

The head of MEF said they have worked with Autodema (Autonomous Authority of Majes), an organization of the regional government of Arequipa (GRA) that manages the irrigation project.

The GRA will submit a counter-proposal to the addendum number 13 proposed by the Angostura-Siguas consortium which would increase the investment of US $ 110 million from the fixed amount of US $ 550.4 million by the end of August.

"We trust that these questions can be clarified so far, explaining the need for technological change, explaining the costs, it's a big improvement that is being made to optimize water resources," Oliva said.

A few weeks ago, the president Martín Vizcarra He said the state will be responsible for more funding for the development of Majes Siguas II "if there was a need"

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