Andina

Peru's President: Unity between public and private sectors is essential for development

Photo: ANDINA/Presidency of the Republic of Peru

Photo: ANDINA/Presidency of the Republic of Peru

08:53 | Lima, Jun. 14.

Joint work by the public and private sectors, such as a business guild, is essential for boosting investments and employment in Peru, which can guarantee national development, President Dina Boluarte stated.

Mrs. Boluarte on Thursday evening participated in ceremony for the 128th Anniversary of the National Society of Industries and Industry Day.

Within this framework, the top official underscored that the Government reaffirms its unwavering support for the efforts carried out by the industrial sector for Peru's benefit.

"We recognize your efforts, and we say it clearly and firmly, we are allies in the objective of boosting Peru's economy to improve Peruvians' quality of life throughout our territory," she said during her speech.

In this sense, Mrs. Boluarte stated that the industrial guild is an ally and, joined by the Executive Branch, they foster investments which are the fundamental basis for the country's sustainable development.

Thus, the Head of State stressed that the appropriate conditions are being generated for Peru to prosper, as well as to grow in an inclusive and sustainable manner.

"Through this joint work we achieve tangible results that benefit all Peruvians. Today, we see how our joint efforts bear fruit; the projections speak of a 3% growth at the end of this year, which enables us to resume poverty reduction," she indicated.

The Head of State also underscored that the Government is working to regain business confidence and is doing so through concrete works, not false hopes.

In this sense, Mrs. Boluarte emphasized that Peru is a solid country, characterized by legal stability and that is positioned as an attractive place to attract investments from around the world.

"The partnership between the private and public sectors is key to fostering the country's development and well-being," she pointed out.

The top official highlighted the construction of Chancay Megaport, which will turn Peru into the South American port hub, and whose first stage will entail an investment worth US$1.4 billion.

Its inauguration will take place in November, on the occasion of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week to be held in Lima.

(END) JCR/MVB

Published: 6/14/2024