Peru's Obras por Impuestos awards S/7.7bn in 8 months, accelerates pre-El Niño works

Peru's ProInversión reports S/7.737 million (likely S/7.737 billion) mobilized via Obras por Impuestos from January to August, with 594 interventions awarded. The agency plans to boost the OxI Exprés regime to accelerate prevention works ahead of El Niño, expanding private participation. This signals a proactive infrastructure push to mitigate climate risks, though execution pace and funding certainty remain to be seen.