Economy and Finance Minister David Tuesta projected mining investment will total US$15 billion in the next three years, which will positively impact on the country's economic performance.
"
Mining investment is key (…) in general, there are several mining projects which are very likely to become successful, and around US$15 billion will be invested over the next three years," Tuesta noted.
According to the government official,
mining investment must be protected, yet from a balanced approach.
Once said
investment begins to flow into the country, it will contribute an additional 0.3 percentage points to
GDP.
"As an administration, we are working on a social license program that we have already started to implement in Apurimac region (…)," the Cabinet chief announced.
On the other hand,
Tuesta highlighted the awarding of Cajamarca region-based
Michiquillay copper project, as well as Moquegua region-based Quellaveco mine.
Minister Tuesta underlined the Peruvian Government is focused on awarding
quality investment projects to be essentially well-implemented.
(END) CNA/JAA/MVB