Projects in Assets

  • Description

    Asset acquisition projects are mechanisms for the promotion of private investment in assets owned by ministries, regional governments and local governments, under the following schemes: (i) disposition of assets, which includes the transfer and exchange of real estate; and (ii) assignment contracts in use, lease, usufruct, surface or other modalities permitted by law.

    Through the Projects in Assets mechanism, private investors may develop projects on state-owned assets at their own risk, without committing at any time, according to the current legal framework and except for express legal exceptions, public resources or transfer risks to the corresponding public entity.

    As with any investment project, Asset Projects need to be evaluated by their titular entities before being incorporated into the promotion process, in order to analyze aspects such as the best use that could be given to the asset and the contractual modality to be used.

    Finally, Projects in Assets can be promoted by state or private initiative.

    Estudio Echecopar has advised on numerous projects under this modality, such as for the Science and Technology Park Project promoted by the PUCP through a private initiative, Larcomar Mall and Club Terrazas.

    The services we provide include:

    • Advice on structuring, filing and processing, up to the declaration of interest, selection process and signing of contracts under Project in Assets to be presented by private initiative.
    • Comprehensive advice to investors for purposes of their participation in the selection processes convened by the state for the development of projects under Projects in Assets.
    • Comprehensive legal advice to investors on corporate matters, specialized tax planning, project financing, labor issues, consortium contracts, and EPC or procurement contracts, among others.
    • Consultancy to the national government and sub national governments in the structuring and promotion of Projects in Assets.
    • Advising in the execution of contracts under Projects in Assets, including their renegotiation.
    • Consultancy in its relationship with the contracting entity, the sub national governments, and other entities related to the execution of the projects.
    • Representation in specialized Arbitration related to controversies arising from the execution of the contracts.
  • Publications
    Directive Approval - Private Sector Initiative Management
    Spanish content
    Policies for the Recovery of Suspended Public Works are approved
    Spanish content
    New Directive on the Dispute Resolution Board regarding Public Procurement Agreements
    Spanish content
    New Directive on Economic Intervention in Public Works is approved
    Spanish content
    Guidelines to Hire Consulting Services for Project Management Office are approved
    Spanish content
  • News
    News
    September 30, 2019
    Promoting Private Investment during Hard Times
    Spanish content
  • Acknowledgments
    • Chambers & Partners
      Practices201820192020
      Public LawBand 1Band 1Band 1

      Testimonials

      Band 1: Chambers & Partners  2020

      "It has been a pleasure working with them in this area. We felt supported throughout and their desire to obtain favourable results for our company was apparent."

    • The Legal 500
      Practices201720182019
      Public LawBand 1Band 1Band 1

      Testimonials

      Band 1: The Legal 500 — 2019

      "Experts in public affairs". Excels for its specialist team of administrative, regulatory and public works specialists, "experience and knowledge" in all spheres of public law, and its "good relations with the public authorities and private companies".

Key Contacts

Zita Aguilera
Partner
Lima
+51 (1) 618 8590
Juan Carlos Moron
Partner
Lima
+51 (1) 618 8534