Andina

Peru generates interest among UK investors

Photo: Prom

Photo: Prom

11:00 | London (U.K.), Nov. 4.

The Commission for the Promotion of Peru for Export and Tourism (PromPeru), in partnership with J.P. Morgan and the Financial Times, organized the London 2023 Investment Roadshow to consolidate Peru's image as a destination for foreign direct investments from the United Kingdom.

The Peruvian delegation that visited London for this event was led by Foreign Trade and Tourism Minister Juan Carlos Mathews. Among its members was Central Reserve Bank Governor Julio Velarde.

"One of our sector's objectives is to enhance the attractiveness of our country as a recipient of foreign investments. We rely on macroeconomic stability, a favorable regulatory framework, and the necessary advantages for entrepreneurs to be confident in Peru," Mathews stated.

"This event, successfully organized by PromPeru's London office, aims to contribute to the achievement of that goal," he added.


As part of promotional activities, Minister Mathews participated in private meetings with representatives of multinational firms, such as Anglo American, Goldman Sachs, Lloyds Bank, Hochschild Mining PLC, RBC Capital Markets, and Lazard, among others.

The topics discussed at the gatherings included mining perspectives, energy investments, trade and investment facilitation, as well as environmental and agricultural projects.

At each meeting, the government official emphasized the macro vision of Peru's strengths as an investment destination.

Furthermore, Minister Mathews met with the UK's Latin American Travel Association (LATA) —an organization that brings together tour operators and travel agencies focusing on the Latin American region as destination.

The gathering addressed topics related to joint strategies aimed at increasing the flow of British travelers to Peru.


UK investments in Peru

United Kingdom's investment in Peru reached $12.97 billion over the past 20 years, including executed investments, commitments, and investment plans of British companies in Peru.

83% of British investment capital was concentrated in the metals sector, followed by food industries, energy, and tourism sectors.

To date, 53 projects have been registered by 34 UK companies, generating approximately 9,000 direct job positions.

Editor's note: Information provided by PromPeru.


(END) NDP/MVB

Publicado: 4/11/2023