Peru's Superintendence of the Securities Market (SMV) announced that the Ministry of Economy and Finance (MEF) has approved the prioritisation of an investment project to build the SMV’s new headquarters under the Works for Taxes (Obras por Impuestos) framework. The project was included in the MEF’s prioritised investment list to be executed under Law No. 29230 and its implementing regulations. The investment, described as improving the SMV’s services for promotion, supervision and regulation of the securities market in Miraflores (Lima), has an estimated cost of PEN 91.63 million. It envisages a 15,776.50 m2 building with seven floors and four basement levels, aligned with SMV operational needs and eco-efficiency measures. Under the MEF resolution, ProInversión will provide technical assistance under an “Encargo” mandate for pre-procurement steps and the selection process for the private contractor and the private supervisory entity. The MEF also delegated the SMV Superintendent to sign the technical assistance agreement with ProInversión.