Public-Private Partnerships: Key to The Sustainable Development of Mining Territories in Peru
- Experts from the public and private sectors agree on the need to strengthen coordination and efficiency to ensure that mining drives territorial development.
Lima, May 27, 2026. Within the framework of the SIMPOSIO – XVI International Mining Meeting, organized by the National Society of Mining, Petroleum and Energy, the Inter-American Development Bank (IDB) led the session “Public-private collaboration instruments for the development of mining territories”, a space dedicated to analyzing the challenges and opportunities to achieve the sustainable transformation of the country’s mining regions.
During the presentation, Matilde Bordón, the representative of IDB in Peru, highlighted the country’s advantageous position as one of the world’s leading producers of copper and silver, as well as its leadership in mining exports, which constitute approximately 10% of GDP and 60% of national exports. She also emphasized that Latin America accounts for 30% of the global supply of essential minerals for the energy transition.
Despite these figures, Ana Margarita Trujillo, chief investment officer and head of mining at IDB Invest, warned that the region still faces the challenge of fully integrating into global value chains and increasing the added value of its production.
In response to this challenge, Carolina Rojas, head of the IDB’s mining group, introduced the IDB LAC Minerals initiative. This initiative aims to connect Latin America and the Caribbean with the rest of the world to promote the development of sustainable mining value chains. It is built upon three pillars: public policy reforms to facilitate investment, mobilization of private investment and risk management, and the enhancement of infrastructure while expanding the value chain.
“Peru has the potential to become a global strategic supplier of critical minerals, but to achieve this, it needs to overcome limitations in value-added processes along the supply chain and in enabling infrastructure. In this regard, the IDB is working to coordinate technical and financial instruments to accelerate mining development in the country and the region,” Rojas added.
Subsequently, a panel of experts from the public and private sectors addressed key issues such as the efficiency in the use of public resources, the need to better articulate participation mechanisms (such as public-private partnerships and tax-for-work programs) and the importance of having a long-term territorial vision that involves companies, governments, and communities as protagonists of development.
Denisse Miralles, Director of Decentralized Investments at ProInversión, emphasized that “coordination is fundamental to leveraging existing resources and closing gaps; public-private mechanisms cannot be optional for the private sector if we want to achieve a real impact in communities.”
Roger Guevara, the regional governor of Cajamarca, shared his experience in office, highlighting the importance of having legitimate authorities committed to a long-term territorial policy and stability in public administration.
Alexandra Laverdure, Institutional Relations Manager at Hudbay, stressed the need for a holistic approach to development, focusing on the continuous improvement of education and health and the development of new skills within the local population. “The important thing is for the community to become the driving force behind its own development,” she stated.
Additionally, researcher Manuel Glave from GRADE emphasized the urgency of establishing integrated information systems and multi-stakeholder dialogue spaces that clearly differentiate public and private roles, facilitating the coordination of investment and development strategies.
The panel agreed that Peru is facing a historic opportunity, driven not only by high international demand for minerals but also by its potential to foster inclusive and sustainable territorial development through long-term planning and effective collaboration among the government, the private sector, and international partners. The IDB reiterated its commitment to continue supporting this process.
Photographs at the following link: https://flickr.com/photos/195630249@N08
