French Development Agency studies investments in the health sector "via loans and grants" |  INTERVIEW

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The French Development Agency (AFD) has been present in Peru for 10 years, financing –through loans and donations– sustainable projects in different areas, such as infrastructure, living place Y farming, among others.

Perhaps their most emblematic work, so far, is the one they have done in cooperation with the Mivivienda Fund, for which they have channeled a loan of more than US $ 270 million, which has allowed, for example, the advancement of formats such as Mivivienda Verde.

READ ALSO: Transfer of S / 75 million to Fondo Mivivienda for delivery of Good Payer Bonus

But the truth is, as Laurent Pacoud, director of AFD in our country, tells us that your organization manages about $ 17 billion a year worldwideSo that what it can channel in favor of Peru is much more than what has been achieved so far. We talked about that in this exclusive interview for Día1.

—What is your balance of what is, we could say, your flagship project in Peru: the Mivivienda fund?

The balance is very positive. The Mivivienda Fund (FMV) is a second-tier bank, that is, it seeks resources in the global market and contributes them to the local banking system to leverage social housing projects. In that sense, it does a financial structuring. And from that point of view, we think it works very well. For AFD, it is one of the best-performing counterparts even when compared to other projects with which we are linked globally. It is a very high quality counterpart in financial terms.

“What are they working with now?”

We have promoted the creation of a new product, framed within the concept of sustainable social housing, which is the Mivivienda Verde format. What it does is commit the builders to be certified and, if they do, they access financing with very favorable conditions for their residential projects. At this time, more than 60 thousand families have benefited from this scheme.

READ ALSO: Family Housing Bonus: what you need to know to access the subsidy and buy a home

—Housing is a neuralgic problem in our country. Only in metropolitan Lima we have a housing deficit of more than 400 thousand homes. Another visceral problem we grapple with is transportation. In this area, how advanced are your projects?

We have a couple of projects underway in Arequipa, thanks to a cooperation framework that we started with the Ministry of Transportation and Communications (MTC) and that involves a donation of US $ 1.2 million.

One of those projects is the Arequipa Tram, which is a political priority in the White City and is monitored by the MTC, justly. We, as AFD, have financed the first technical file, which is valued at US $ 600 thousand and has already been validated. Now it is necessary to advance with the next stages of the technical studies.

—If this Arequipa Tram project sees the light of day, approximately how much investment will be necessary?

It should fluctuate between US $ 500 million and US $ 600 million. We are talking about what would be the backbone of mass transportation in the city of Arequipa.

READ ALSO: They transfer S / 768 million to the Mivivienda Fund to deliver bonds to acquire new homes

“Arequipa is one of your priorities, then.”

We are a good partner of Arequipa, with this project and with the Sustainable Urban Mobility Plan (MUS Project), which will allow the planning of its public transport. We have also allocated US $ 600 thousand to this development.

– In what term will we see results?

We should fund these projects in one or two years.

The Mivivienda Fund is one of the most successful AFD 'partners' in the world, for the agency.
The Mivivienda Fund is one of the most successful AFD ‘partners’ in the world, for the agency.


—Another sector to which all the reflectors have been directed, in these times of pandemic, has been the health sector. And in fact, the Government of France has recently won, through a Government to Government agreement, the management for the improvement and expansion of the Sergio Bernales (in Callao) and Antonio Lorena (in Cusco) hospitals. At AFD, do you also aim to participate in health in the short or medium term?

Yes, we have just decided to enter the health sector. We will do it because you have enormous needs. We are studying investments via loans and grants, but the first thing we will do, specifically, will be via donations.

—But some project must interest them.

We will work with the National Health Investment Program (Pronis) of the Ministry of Health (Minsa). That is our vision, for now.



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