Financial closing of the COAR Centro project in Peru

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The Private Investment Promotion Agency - PROINVERSIÓN carried out the financial closing of the COAR Centro project, which guarantees the construction, implementation, maintenance and operation of three high-performance schools located in the regions of Pasco, Huancavelica and Cusco, for the benefit of more than 900 students with outstanding abilities each year.

The COAR Centro project includes a 20-year concession under a PPP agreement, with an investment of PEN 320 million (US$91 million). The concessionaire will be responsible for the construction, implementation, and replacement of furniture and equipment, in addition to providing complementary services such as maintenance, food, security, comprehensive cleaning, laundry, pest control, and solid waste management.

Each COAR will be a first-class public institution, with more than 14,000 square meters of covered space and modern infrastructure that will improve the quality of life and provide training to more than 900 students with outstanding abilities each year, while always guaranteeing free education. The State will retain responsibility for educational, administrative, and pedagogical management. The construction work will take 18 months to complete, and once completed, these schools will transform the opportunities for thousands of talented young people in the central region of the country, providing them with access to high-quality education and helping to reduce social and educational gaps in Peru.
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