Andina

Peru's President meets with China Minmetals Corporation Chair

Photo: ANDINA/Presidency of the Republic of Peru

Photo: ANDINA/Presidency of the Republic of Peru

09:30 | Beijing (China), Jul. 1.

As part of her activities on the State Visit to the People's Republic of China, Peruvian President Dina Boluarte held a meeting with Weng Zuliang, Chairman of China Minmetals Corporation, which has Las Bambas Mining Company among its main assets.

In addition to conveying his greetings, Weng Zuliang informed Peru's top official about future investments that the company has planned to make —as a sign of the interest it has in continuing to expand and develop in Peru, among which El Galeno Project, in Cajamarca region, stands out.

The Head of State thanked China Minmetals Corporation for its interest.

She reiterated that Peru offers legal certainty and an adequate social climate, which are a guarantee for the development of investments in the South American country.

The president emphasized the importance of companies conducting efficient and transparent operations, which are socially responsible, for the benefits of millions of Peruvians.

The meeting was held in Beijing on June 29.

During the past five years, Las Bambas mining company, which operates in Peru's Apurimac region, has accounted for close to 75% of the aforementioned region's GDP. Besides, it accounts for 1% of Peruvian GDP and close to 9% of mining GDP.

The company has generated, on average, 75,000 jobs throughout Peru every year.


(END) NDP/RMCH/MVB

Published: 7/1/2024