Javier Tovar

Of Counsel*
  • Biography

    Javier Tovar has extensive experience in private investment and international private relationships. He has been Chairman in PROCAPITALES, CONASEV, special Committee for the Sale of State Shares in Capital Markets and INDECOPI’s Market Access Commission. He chaired the technical commission in charge of the preparation of the telecommunications opening guidelines, and the special committee for the privatization of ENTEL PERU and Compañia Peruana de Telefonos. Javier has also published several articles on matters of his specialty and has participated as speaker or panelist in seminars and forums.

    Practice focus

    Javier focuses his practice on private investment in infrastructure, concessions, telecommunications and capital market regulation. He has participated in many concession and public–private partnership processes, and in capital markets transactions, particularly structuring legal strategies and regulations to resolve regulatory and financial issues. He has also led several local and international public tenders for companies in different sectors.

  • Experience

    • Advised Consortium Salaverry in a Private Initiative in Puerto Salaverry.
    • Advised Petroperu on Corporate Governance matters and access to the capital markets.
    • Advised a company listed in the Lima Stock Exchange to adapt to best corporate governance practices.
    • Advised Consortium Transportadora Callao in the preparation, presentation and procedure of the New Port for Minerals at the Terminal Port of Callao Private Initiative as well as the concession company Consorcio Transportadora Callao in the execution of the contractual agreement corresponding said project concession.
    • Advised an international port business company as member of the Consortium International Multipurpose Terminal of Callao, in a project bidding of a private investment project.
    • Advised Talma SA in the process of acquisition of Peruvian Airports (about 12 airports).
    • Advised the Metropolitan Municipality of Lima (Metropolitan Institute Protransporte of Lima) on the public tender for the concession of the operation of the public transport service in the System of High Capacity Segregated Corridors.
    • Advised Corporacion Andina de Fomento (CAF) on the design and proposal of a financial instrument to develop and finance concessions based on the future commitments of the government (the result was, basically, the Certificados de Reconocimiento de Derechos del Pago Anual por Obras (CRPAOs)).
  • Publications

    • Co–author of the book International Private Law awarded a prize by Bustamante de la Fuente Foundation in 1987.
    • Javier has also published several articles on matters of his specialty and has participated as speaker or panellist in seminars and forums.
  • Industries

    • Energy, Mining & Infrastructure - EMI
    • Industrials, Manufacturing & Transportation
    • Private Equity
    • Technology, Media & Telecommunications


    • Pontificia Universidad Catolica del Peru, Master in Economic International Law, Lima, 1986 – 1987.
    • School for Legal Practice, Universidad Complutense de Madrid, post graduate, Madrid, 1982.
    • Pontificia Universidad Catolica del Peru, Law Degree, Lima, 1982.


    • Lima Bar Association, 1982.


    • Institute for Public Services Law (IDESER).
    • PROCAPITALES - Member of the Board of Directors from 2001 and Vice Chairman, 2003.
  • Additional Information


    • Partner at Estudio Echecopar since 2000.
    • Partner, Estudio de Abogados Tovar, Dammert & Silva Santisteban, 1984 – 2000.
    • Chairman of the Telecommunications Technical Commission in charge of the preparation of the Peruvian Telecommunications Opening Guidelines to Competition, 1998.
    • Chairman of the Peruvian Agency for the Supervision of Enterprises and Stock Market (CONASEV), 1997 – 1998.
    • Chairman of the Market Access Commission of the National Institute for Defense of Competition – INDECOPI, 1996 – 1997.
    • Member of the Board of Directors of Telefonica del Peru, 1995 – 1997.
    • Chairman of the special Committee for Privatization of State Securities in the local and international Securities Markets, which performed local and international transactions, 1995 – 2001.
    • Chairman of the Special Committee for Privatization of the Peruvian Telecommunications Companies Compañia Peruana de Telefonos and ENTEL PERU, 1992 – 1994.
    • Member of the Board of Directors of Compañia Peruana de Telefonos (Peruvian Telephone Company), 1991 – 1994.
    • Member of the Board of Directors of ENTEL PERU S.A.,1991 – 1992.
    • Preparation of the Corporate Law on Spread Shareholders, 1991 – 1992.
    • Member of the Team responsible for the preparation of Peruvian Telecommunications Law, 1991.