ProInversión, Peru's Private Investment Promotion Agency, has released the commercial framework documents for the Ancón Industrial Park (PIA) project, aiming to attract private investment through a revised commercial model.

The PIA is planned on a 1,338-hectare site, with 715 hectares designated for development into industrial, logistics, and commercial infrastructure. Strategically located approximately 39 km from both the Jorge Chávez International Airport and the Port of Callao, and 40 km from the Port of Chancay, the park is poised to become a key industrial and logistics hub in northern Lima.

The new commercial model introduces an "Option to Purchase with Investment Commitment" contract. This allows the selected developer exclusive rights to conduct feasibility studies during the project's pre-operational phase and the option to purchase the land in up to four stages over 22 years, contingent on meeting specified conditions.

This approach, inspired by practices in the mining sector, aims to balance risk and opportunity, providing incentives for investors while promoting industrial development in the region. The project's concession is scheduled for July 2025.