Overview
- Congress’s Production Commission approved a draft declaring a Private Special Economic Zone in Paracas a public interest, sending the proposal to the full chamber for debate with a 10–0 vote and two abstentions.
- The Paracas plan would run under Law No. 32449, which grants special tax and customs treatment to privately operated zones and assigns Mincetur to coordinate approvals with the Economy Ministry, the Ica regional government, and local municipalities.
- Lawmakers cite Paracas and nearby Pisco assets such as the San Martín port, Pisco airport, the Panamericana Sur highway, and the planned Lima–Ica rail as reasons to target export, industry, fishing, agroexport, and logistics growth that could create skilled jobs in Ica.
- Rules published in April set key terms for these zones, including an escalating income tax exemption for up to 25 years, a required Master Plan, a minimum S/11 million investment, and at least 90 hectares of connected land except in Callao, plus a path to convert public zones to private operation.
- At least four operators are evaluating zones along the Chancay–Ancón–Callao corridor, with interest from advanced metalworking, medical devices, and electromobility firms that see lower energy costs as an edge, which could shape where the first projects break ground.